Is Rivian a good investment?
May 11, 2022 · Rivian Automotive ( RIVN 20.80%) stock crashed yet again today, tumbling 7.5% by noon. It's evident the market is increasingly worried about what the electric vehicle (EV) manufacturer may have to ...
When to buy Rivian?
May 09, 2022 · Now what. Rivian shares went public at a price of $78 per share and more than doubled from there shortly after the IPO. But the stock …
Is Rivian publicly traded?
Lucid cited supply chain and logistics constraints as primary reasons behind the expected production shortfall, and that spooked Rivian investors. Barely days ago in …
Is Rivian stock a buy after the IPO?
Mar 03, 2022 · Why Rivian Stock Is Crashing Ahead of Earnings Today. Why Rivian, Lucid, and Nikola Stocks Bounced Around Today. Motley Fool Returns. Market-beating stocks from our award-winning service.
Why is the Rivian stock going down?
What has happened to Rivian?
Who owns the most Rivian stock?
Is Rivian losing money?
Is Rivian a good company to invest in?
How do I buy Rivian stock before IPO?
Who are the big investors in Rivian?
Who is the largest investor in Rivian?
How much of Rivian does Amazon own?
Will Rivian stock grow?
Can I buy stock in rivian automotive?
Can Rivian be the next Tesla?
What happened
Rivian Automotive ( RIVN -4.82% ) isn't giving its shareholders any respite -- the electric vehicle (EV) stock was down by 22.6% for the week as of 10:30 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. At this point, Rivian has declined by a whopping 41% year to date.
So what
Rivian has published only one press release so far this month, and it was a one-liner: All the company said was that it had produced 1,015 vehicles and delivered 920 as of the end of 2021. The company had previously forecast that it would produce 1,200 vehicles in 2021, but in December, management said that it would fall short of that target.
NASDAQ: RIVN
To top that, Ford Motor Company ( F -3.38% ), which owns a substantial stake in Rivian, announced on Tuesday that it expects to report a gain of $8.2 billion from that investment when it releases fourth-quarter earnings in early February. Having given out that number, Ford has made its intention of selling its stake in the EV start-up clear.
Now what
Rivian's mid-December earnings release was a huge disappointment. Now, investors and analysts alike are left waiting to learn if the electric vehicle maker's 2021 production shortfall was a temporary hitch, and whether it can actually scale up its production as planned.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
What happened
Rivian Automotive (NASDAQ: RIVN) isn't giving its shareholders any respite -- the electric vehicle (EV) stock was down by 22.6% for the week as of 10:30 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. At this point, Rivian has declined by a whopping 41% year to date.
So what
Rivian has published only one press release so far this month, and it was a one-liner: All the company said was that it had produced 1,015 vehicles and delivered 920 as of the end of 2021. The company had previously forecast that it would produce 1,200 vehicles in 2021, but in December, management said that it would fall short of that target.
Now what
Rivian's mid-December earnings release was a huge disappointment. Now, investors and analysts alike are left waiting to learn if the electric vehicle maker's 2021 production shortfall was a temporary hitch, and whether it can actually scale up its production as planned.
NASDAQ: RIVN
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
What happened
Many tech and growth stocks dropped in January, but the shares of electric vehicle (EV) maker Rivian Automotive ( RIVN -7.79% ) sank more than most. Rivian shares crashed 36.6% for the full month, according to data provided by S&P Global Market Intelligence.
So what
The significant underperformance by Rivian shares came from more concrete reasons than just the market sentiment against growth and tech stocks in the early days of 2022. One of the more obvious drivers is the growing competition for both electric vehicles and EV stocks.
Now what
The e-commerce giant led a $700 million investment round in Rivian in 2019, and Amazon's Climate Pledge Fund was also a participant in a $2.65 billion investment round in early 2021. Its interest in Rivian is tied to its commitment to achieving net-zero carbon emissions by 2040.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
