Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its smaller, higher-volume R2 and R3 models -- and opens up a potentially lucrative new market for its technology.
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
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Here is What to Know Beyond Why Rivian Automotive, Inc. (RIVN) is a Trending StockRivian Automotive (RIVN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance ...
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing ...
Goldman Sachs raised the firm’s price target on Rivian Automotive (RIVN) to $12 from $10 and keeps a Neutral rating on the shares. The ...
Despite a 9% decline in product revenue, Cisco saw a 6% increase in services revenue. One standout was the robust growth in ...
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Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of ...
In July the e-retail giant affirmed its partnership with Rivian (RIVN) to purchase 100,000 of its electric vans by 2030. 💸💰 ...
But their differences are what make Rivian shares a steal today. Rivian stock trades for less than 2 times sales, while Tesla ...
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Stocks traded mixed in the afternoon as investors assessed new consumer inflation data. The S&P 500 ticked up 0.07%, while ...
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