NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Rivian Automotive, Inc. (NASDAQ: RIVN)?Did you purchase your shares between August 12, 2022 and February 21, 2024, inclusive?Did you lose money in your investment in Rivian Automotive, Inc.?Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Rivian Automotive, Inc. (“Rivi ...

Down 86% from its IPO, Rivian Automotive (NASDAQ:RIVN) may not be the first EV stock most investors point to for growth. In fact, the deteriorating nature of the Rivian stock price over time has pushed many investors away. Indeed, 2024 hasn’t been a positive year for EV stocks, as macro tailwinds take a toll on this sector.Rivian’s overall lineup continues to grow, and I like the look of its vehicles. And while adoption is picking up, manufacturing and production related issues have hampered the company in ...

Margins are already negative, and recent price cuts won't help Rivian improve financial results.Rivian (RIVN -0.19%) is struggling to make money selling vehicles as demand falls behind supply. That's resulted in discounts of inventory, which could make the company's financial problems worse. Travis Hoium covers the trend and the precedent in this video.*Stock prices used were end-of-day prices of May 26, 2024. The video was published on May 28, 2024. ...

Rivian went public in 2021. If you had invested the day of the IPO, how much would you have now?Rivian (RIVN 4.92%) stock went public in 2021 to great fanfare. At the time, shares traded at a price-to-sales ratio of 60. That type of valuation is typically reserved only for hypergrowth companies. If you had put $500 into Rivian stock the day it went public, how much would you have right now? The answer might surprise you.A $500 investment in Rivian would now be worth this muchInvesting in growth stocks can b ...

Rivian stock has been on a roller-coaster ride since going public in 2021. Is it too late to buy in?Since going public in 2021, Rivian (RIVN 4.92%) has worked hard to become a household name. It's not quite there, but it is gaining recognition. The company recently received a J.D. Power award for most satisfying ownership experience. And Consumer Reports just named it one of the most beloved car brands, with 86% of owners saying they'd buy a Rivian again. The increased hype is driving impressive sales growt ...

Rivian (NASDAQ:RIVN) announced this week that it has entered into an agreement with renewables company Pivot Energy to purchase renewable energy certificates. This is part of its plan to ensure that its Normal, Illinois plant runs on 100% renewable energy by 2030. Pivot Energy will provide 60 megawatts direct current for community solar projects in Illinois. Rivian has put forward plans to buy renewable energy certificates from a 50 megawatts direct current development as part of the deal.Rivian is among th ...

These two stocks look well-positioned for the long term despite difficult starts to 2024.Electric vehicle (EV) stocks have had a difficult start to 2024, as industry sales growth has slowed. In addition, there are now more EV brands for consumers to choose from, as both legacy automakers and new upstarts have entered the market. Nonetheless, EV stocks still hold some strong potential over the long term.Let's look at two EV stocks that could be the best performers through 2030.TeslaThis year hasn't been kind ...

NEW YORK, May 23, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rivian Automotive, Inc. ("Rivian " or the "Company") (NASDAQ: RIVN) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rivian investors who were adversely affected by alleged securities fraud between March 1, 2023 and February 21, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/rivian-automotive-inc-lawsui ...

文章核心观点 - Rivian Automotive是一家电动车制造商,曾在2021年IPO时备受关注,但随后由于未能达到自身的产量目标和持续亏损,股价大幅下跌[1][2] - 尽管Rivian在2023年生产和交付量有所改善,但仍面临着宏观经济环境恶化、竞争加剧和主厂停产等挑战,预计2024年产量将有所下降[3][4][5][6] - 分析师预计Rivian未来5年内收入复合增长率可达39%,如果公司能够稳定业务、成功推出新车型并逐步扩大市场份额,其股价有望在未来5年内实现翻番甚至更高的涨幅[9][10][11][12] 公司概况 - Rivian目前主要生产R1T皮卡、R1S SUV和亚马逊定制的电动送货车,未来还将推出更便宜的R2 SUV和更运动化的R3/R3X SUV[7] - 公司正在全美开设新的展厅,并使其车型与特斯拉超级充电桩实现兼容,提高车型的吸引力[8] 财务表现 - 2023年Rivian实现44亿美元收入,交付5万多辆车,但仍有57亿美元的经营亏损[4] - 2024年Rivian预计产量约为5.7万辆,收入增长8%至48亿美元,经营亏损收窄至48亿美元[5][6] - 公司目前总流动性仍有105亿美元,暂时不会面临破产风险[6]

Rivian (NASDAQ:RIVN) stock had a strong Q1 2024, producing 13,980 vehicles and delivering 13,588, reaffirming its goal to produce 57,000 cars this year. ‘Despite the fact that RIVN stock had a 48% drop in 2024 because of recent losses, Rivian aims to improve cost management and production efficiency, with $7.86 billion in cash to fund expansion. Despite short-term concerns, Rivian Automotive has gained significant support from the local government. Rivian announced an $827 million incentive package from the ...