Rivian Automotive(RIVN)

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ROSEN, A LEADING AND RANKED FIRM, Encourages Rivian Automotive, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RIVN
GlobeNewswire News Room· 2024-07-14 20:25
NEW YORK, July 14, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rivian Automotive, Inc. (NASDAQ: RIVN) between August 12, 2022 and February 21, 2024, both dates inclusive (the “Class Period”), of the important July 30, 2024 lead plaintiff deadline. SO WHAT: If you purchased Rivian securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...
EV Stocks Roar Back to Life This Week
The Motley Fool· 2024-07-13 04:29
Stocks are up but has anything changed?Electric vehicle (EV) stocks have come bouncing back to life this week, following a rough week for most of the industry to start July. This week, it was both a rising market and falling interest rates that had investors excited about the market.According to data provided by S&P Global Market Intelligence, shares of Rivian (RIVN 8.05%) rose as much as 22.1% this week; Nikola (NKLA -0.10%) jumped 12.6%; and charging company Blink Charging (BLNK 5.46%) was up 10.6% at its ...
Why Rivian Stock Roared Ahead 10% on Friday
The Motley Fool· 2024-07-13 01:28
Thanks again to Volkswagen, Rivian's stock is soaring.Rivian Automotive (RIVN 11.07%) stock is wrapping up the trading week on a high note, revving 10% higher to over $18 as of 12:30 p.m. ET -- and for a most surprising reason:This morning, investment bank Mizuho raised its price target on Rivian...to $15 a share. What Mizuho said about RivianLet me repeat that: Rivian stock closed at more than $16 last night. Mizuho just said it's only worth $15 (and gave the shares only a neutral rating -- not a buy). And ...
Mizuho Just Raised Its Price Target on Rivian (RIVN) Stock
Investor Place· 2024-07-12 23:19
Mizuho analyst Vijay Rakesh just raised his Rivian (NASDAQ:RIVN) stock price target to $15 from $11, although that still represents a discount from current prices. The analyst reiterated his “neutral” rating.Rakesh noted that Rivian’s June deliveries of 13,790 vehicles surpassed the consensus analyst estimate for approximately 11,500 deliveries. At the same time, Rivian reiterated its 2024 delivery guidance for growth of low-single digits, which Rakesh believes is below the average analyst estimate for 6% g ...
Rivian Automotive, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before July 30, 2024 to Discuss Your Rights - RIVN
Prnewswire· 2024-07-12 17:45
NEW YORK, July 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN).Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form-2/?id=90344&from=4 CLASS PERIOD: Augus ...
Rivian Stock Alert: VW Partnership Masks Deeper EV Market Woes
Investor Place· 2024-07-11 18:00
Rivian Automotive (NASDAQ:RIVN) is in the middle of a tremendous run higher. A partnership with Volkswagen (OTCMKTS:VWAGY) will infuse billions into the electric vehicle automaker and give it an ownership stake in the company.The EV industry itself is showing life, with many automakers reporting robust deliveries for the second quarter. Many are reading this as the reported death of electric cars is greatly exaggerated.Yet Rivian itself isn’t really benefiting, at least not with its electric SUVs. The VW de ...
Rivian's $5 Billion "Buy the Dip" Moment? A Closer Look at VW's Investment in the Company
The Motley Fool· 2024-07-10 22:00
That $5 billion comes with a lot of caveats.In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the recent (up to) $5 billion investment that Volkswagen (VWAGY 2.09%) committed to electric car maker Rivian Automotive (RIVN 0.03%).*Stock prices used were from the afternoon of June 25, 2024. The video was published on July 9, 2024. ...
The Gross Law Firm Notifies Rivian Automotive, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – RIVN
GlobeNewswire News Room· 2024-07-10 03:03
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN). Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form-2/?id=89655&from=3 CLASS PERIOD ...
Rivian Stock Trap: Why 28% Rally Can't Hide Fundamental Flaws
Investor Place· 2024-07-09 18:00
Shares of Rivian Automotive (NASDAQ:RIVN) are rallying hard after the electric vehicle startup received some good news. However, even a near 30% gain can’t cover-up the fundamental problems with Rivian stock.Rivian stock has increased 28% since mid-June on news that German automotive giant Volkswagen (OTCMKTS:VWAPY) is investing up to $5 billion in the electric vehicle maker. Investors have responded strongly to news of the Volkswagen partnership and cash infusion, but the recent rally can’t paper over the ...
RIVN Stock Alert: Rivian Chief Accounting Officer Jeffrey Baker Resigns
Investor Place· 2024-07-08 23:31
文章核心观点 - 里维安(Rivian)首席会计官(CAO)杰夫·贝克(Jeff Baker)将离职,首席财务官克莱尔·麦克多诺(Claire McDonough)将担任临时CAO,公司近期公布二季度交付和生产数据,虽交付量增长但产量下降,同时重申2024年生产指引,即将公布二季度财报 [1][2][3] 管理层变动 - 首席会计官杰夫·贝克将于7月27日辞职,他自2021年5月起就职于里维安,离职是为了寻求其他机会,且与公司在财务报告、运营、政策或实践等方面无分歧 [1] - 首席财务官克莱尔·麦克多诺将担任临时首席会计官,她自2021年1月起加入里维安,此前是摩根大通的董事总经理 [2] 内幕交易情况 - 今年3月11日,杰夫·贝克出售31,425股,平均每股价格13.18美元,总价值414,219美元,出售后他还持有52,415股 [1] - 过去一年里,里维安内部人士共出售价值250万美元的股票,无买入 [1] 二季度交付和生产情况 - 二季度交付量增长9.1%,达到13,790辆,超过分析师预期的12,000辆,超出幅度为14.9%,是里维安迄今为止最大的交付量超预期幅度 [2] - 二季度产量显著下降31.3%,至9,612辆,原因是位于伊利诺伊州诺马尔的工厂因生产升级在4月大部分时间关闭 [2] 生产计划与目标 - 公司计划在年中停产期间对R1生产线进行改造,以提高工厂效率,预计生产率将提高约30% [3] - 公司重申2024年生产指引为57,000辆,截至6月30日已生产23,952辆,意味着下半年至少需生产33,048辆才能实现目标 [3] 后续重要事件 - 公司将于8月6日公布二季度财报 [3]