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why is rivian stock down

by Odie Skiles Published 3 years ago Updated 2 years ago
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Shares of Rivian tumbled 7% Friday after the electric-vehicle
electric-vehicle
Electric vehicle, a vehicle using an electric motor instead of an internal combustion engine.
https://en.wikipedia.org › wiki
maker reported lackluster quarterly earnings and warned that supply chain issues would limit vehicle production in 2022, but despite struggling since going public last year, analysts still love the stock and remain optimistic about a rebound.
Mar 11, 2022

Is Rivian losing money?

The California-based automaker, founded by CEO RJ Scaringe, reported a net loss of $2.5 billion in the fourth quarter of 2021 and $4.7 billion for the full year. Annual revenue was $55 million, coming from deliveries of just 920 of its high-end vehicles.Mar 10, 2022

Can you buy a Rivian stock?

Rivian is a privately held company. You cannot buy Rivian shares on the open market. It may be possible to purchase pre-IPO shares or to invest at the IPO, but you'll have to meet requirements and there may be restrictions. These shares may not be available at all.Mar 10, 2022

How do I invest in Rivian before IPO?

How to Buy Rivian Stocks Before the IPO (Offering Price) Technologies and marketplaces changed the rules of the game, now regular investors can get pre-IPO shares. To participate in Rivian IPO you need to use an IPO investing app like Freedom Finance (NASDAQ: FRHC), TD Ameritrade or Fidelity.Nov 10, 2021

How do I buy pre-IPO stock?

Register with crowdfunding platforms like AngelList, OurCrowd, and FundersClub, which allow you to invest directly in startup companies. Register with stock tokenization platforms like tZero, which converts pre-IPO stocks into blockchain-based tokens. You can trade these for cash any time you want.Jan 11, 2022

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