RIVN News and Press, Rivian Automotive Inc. From 05/13/24

2024-05-13 12:19:44 ET The stock of Rivian Automotive (NASDAQ: RIVN) is jumping again on Monday. Shares of the electric vehicle (EV) maker popped as much as 12% in early trading today to start the week. That jump kept the momentum going for Rivian shares. The stock has soared by...

2024-05-13 11:27:09 ET The trading week for electric vehicle (EV) stocks started off explosively as shares of Rivian Automotive (NASDAQ: RIVN) , Lucid Motors (NASDAQ: LCID) , and ChargePoint Holdings (NYSE: CHPT) all moved higher Monday. Thanks for this go to the...

2024-05-13 11:24:57 ET Summary The stock of Ford Motor Company is one of the cheapest large cap equities in the market, trading at under six times trailing earnings with a five percent dividend yield. One of the main reasons for investor pessimism around the company is that Ford's...

2024-05-13 10:30:00 ET Summary ZEEKR Intelligent Technology Holding Limited's stock surged by over 30% on its first trading day, indicating high anticipation and potential for growth. ZEEKR demonstrates strong growth momentum and aims to double its 2024 deliveries compared to 2023...

2024-05-13 08:14:50 ET Summary Electric vehicle companies, including Rivian, have seen a slowdown in demand lately, resulting in valuation pressure. Rivian, however, reported 82% revenue growth for Q1'24 and unit economics improved Q/Q. Despite the risk of waning EV demand, Ri...

2024-05-12 20:49:39 ET Summary Rivian faces significant challenges from high cash burn and competition from Tesla, yet Amazon's substantial investment and strategic interest may bolster its long-term viability. Rivian's alignment with Amazon's sustainability goals and potential gr...

2024-05-12 12:28:53 ET Summary Lucid Motors reported better-than-expected sales and a narrowing of losses for the first quarter of 2024. However, the company continues to produce and deliver a very small amount of electric vehicles, falling far behind its initial outlook. The ...

2024-05-12 09:00:00 ET Summary RIVN has underperformed the wider market again, demonstrating the lack of bullish support while discrediting our Buy ratings thus far. It remains in the startup mode with uncertain profitability prospects, with a capital raise/ debt reliance very lik...

2024-05-12 07:15:00 ET Wall Street analysts set price targets for where they think a stock can go in the next year or so. A high price target can be a good indicator of a growth stock with a lot of potential. But investors should be careful not to assume a stock is a sure thing just because...

2024-05-12 06:05:00 ET Rivian (NASDAQ: RIVN) turned in mixed first-quarter results. The electric vehicles (EV) maker's vehicles continue to be popular, but the company continues to sell them below the cost of making them. Given this, the company not surprisingly is burning a lot...