Why Rivian Stock Is Stuck in Reverse Today

12:53pm, Monday, 09'th Oct 2023
Wedbush analyst Daniel Ives cut his price target to $25. Rivian is unprofitable and needs to raise capital to develop its new manufacturing facility in Georgia.
Rivian Automotive Inc's (NASDAQ:RIVN) growth and demand story looks solid heading into the fourth quarter, according to analysts at Wedbush, as they repeat an ‘outperform' rating for the Amazon-back
Wedbush analyst Dan Ives cut his price target to $25 from $32. He maintained his Buy rating on shares.
Rivian stock plunged last week as it announced a debt offering and reported its current cash balance. The company burned through $1.1 billion in cash in the third quarter.
Rivian Automotive (NASDAQ: RIVN ) stock is sliding lower on Monday after being hit with a price target cut by Wedbush analyst Dan Ives. The new price target for Rivian Automotive drops Wedbush's predi
Shares of Rivian NASDAQ: RIVN are down more than 20% following the announcement of a debt-offering and 30% from the 2023 high, providing the most attractive entry into this stock since early summer. T
Rivian Automotive Inc.'s missteps last week when it followed strong production and delivery numbers with news of a dilutive $1.5 billion convertible debt offering was “another gut punch to investors
Rivian looks undervalued relative to its long-term growth potential. Apple has proven the bears wrong for years.

Is Rivian (RIVN) Stock a Lost Cause?

11:30am, Saturday, 07'th Oct 2023
I still think Rivian has a nice chance to rebound from this week's sell-off.

Rivian: Buy The Panic (Rating Upgrade)

05:09am, Saturday, 07'th Oct 2023
Rivian's share price declined by 20% after announcing plans to raise $1.5B in convertible senior notes. The company's Q3 production and delivery figures show significant progress and suggest that Rivi
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With so many prospective EV contenders, it can be difficult to gauge which companies will emerge successful over the next decade. For example, Lordstown Motors (OTCMKTS: RIDEQ ) forecast production of

Why Rivian Stock Is Plunging This Week

11:22am, Friday, 06'th Oct 2023
Rivian is planning to raise capital by acquiring as much as $1.5 billion in debt. The EV maker will release its third-quarter numbers on Nov. 7.

Why Are Stocks Down Today?

10:51am, Friday, 06'th Oct 2023
Stocks are down on Friday as investors react to the latest data from the September job report! The reason that stocks are down today is the economy added 336,000 jobs in September.
It didn't help that the announcement was paired with missed sales estimates for the third quarter, further adding to Rivian's woes.
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