Previous Close | 13.82 |
Open | 13.85 |
Bid | 14.03 x 3200 |
Ask | 14.14 x 3000 |
Day's Range | 13.65 - 14.16 |
52 Week Range | 11.68 - 40.86 |
Volume | |
Avg. Volume | 24,929,173 |
Market Cap | 13.198B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -7.04 |
Earnings Date | May 09, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 23.80 |
As Tesla shares hit a 7-month high, George Gianarikas, Canaccord Genuity Managing Director, joins Yahoo Finance Live to discuss the recent price cuts, regulatory tailwinds, and increasing competition.
Surf Air Mobility's revenue for a unit jumped nearly 72% in 2022, showed the electric aviation and regional air travel company's regulatory filing on Monday with the U.S. Securities and Exchange Commission to list its shares in New York. The company, which had confidentially filed for a direct U.S. listing in November, said its unit Surf Air generated $20.27 million in revenue for the year ended Dec. 31, compared with $11.8 million a year earlier. The listing comes at a challenging time for the U.S. public markets as dealmaking has been at a near standstill since last year, with investors grappling with heightened volatility in a rising interest rate environment.
May was a good month for growth and technology stocks. In fact, Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) far outpaced the index itself, soaring by 24.1% and 14.9%, respectively, according to data from S&P Global Market Intelligence. Investors have some specific, and serious, concerns with Nikola (NASDAQ: NKLA) -- maker of electric semi-trucks.
Just about any investor familiar with electric vehicles (EVs) will tell you that Tesla is the leading EV stock. Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) came public at roughly the same time and are taking different approaches to building their place in the EV sector. Rivian went public and delivered its first vehicle unit in late 2021.
(Bloomberg) -- Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from their record high, according to JP Morgan Securities.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceAp
The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats
While the company has been scaling its business rapidly, it's still reporting large losses, and the stock has been incredibly volatile since its late-2021 initial public offering. Jeremy Bowman: Rivian stock is down more than 90% since it peaked shortly after its IPO in November 2021. Rivian is still an unproven start-up, and high expectations are very much priced into the stock, given the company is a long way from becoming profitable.
Rivian is headed down an unsustainable path and needs to find a way forward before running out of cash.
IRVINE, Calif., May 26, 2023--Rivian (NASDAQ: RIVN) has today announced that on Thursday, June 15, 2023, at 2:20pm ET, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference.
Markets are poised to end the week on a positive note as confidence builds that a debt ceiling deal is within reach. For the first time, Rivian has achieved production of the first dual-motor R1T electric pickup trucks. Speaking on the company's success, Tim Fallon, vice president of manufacturing operations, said, "Introducing our dual-motor variants is a major milestone in ramping our facility to its full capacity, and they [employees] have done a great job working across so many functions to make this happen."
New Constructs CEO David Trainer joins Yahoo Finance Live to discuss the EV market at large and details growing competition between Tesla and Ford.
EV stocks were hit hard in 2022, giving investors an opportunity to invest in them at relatively cheap valuations.
Rivian (NASDAQ: RIVN) has big growth plans, but how much demand does it have for vehicles? A recent announcement about the company's delivery time should be an alarm to investors, and Travis Hoium covers how the story has changed in the last six months for Rivian.
IRVINE, Calif., May 23, 2023--Rivian (NASDAQ: RIVN), has today announced that at 8.00am ET on Friday, June 2, 2023, its Founder and CEO RJ Scaringe will participate in a fireside chat at Bernstein’s 39th Annual Strategic Decisions Conference.
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) are accelerating higher to start the week. After the company announced news on Friday, investors are expressing their approval today. In addition, news from a legacy automaker regarding its EV plans is also contributing to the strong buying activity of Lucid Group (NASDAQ: LCID) and Fisker (NYSE: FSR).
Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) have made big strides in their goals to capture a greater market share of electric vehicle sales. Tesla is admittedly further along that path. Fool.com contributor and finance professor Parkev Tatevosian answers which EV stock he would buy right now.
General Motors is throwing down the gauntlet in the burgeoning EV pickup wars, with a range-topping figure for its new model for fleet customers.
Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
Rivian (NASDAQ: RIVN) gave investors an interesting look at where they could be in one year. Fool.com contributor and finance professor Parkev Tatevosian discusses the potential for Rivian stock in 2023.
Some of the world's top money managers couldn't press the sell button fast enough with these high-profile stocks during the first quarter.
New data from enthusiast motor magazine, TV network, and car shopping site MotorTrend finds that electric vehicles are hot on their users’ buying lists. And one upcoming EV pickup truck could be the most polarizing.
MotorTrend Group CEO and President Alex Wellen joins Yahoo Finance Live to discuss why people are interested in EVs, the most popular EVs, the Tesla Cybertruck, and EV price points.
Electric vehicle (EV) company Rivian's (NASDAQ: RIVN) price strategy could be good news for investors. Fool.com contributor and finance professor Parkev Tatevosian goes over why he thinks the conservative approach to pricing could help Rivian stock investors.
Rivian (NASDAQ: RIVN) is one of the most innovative growth stocks in the market today. In this video, Fool.com contributor and finance professor Parkev Tatevosian talks about what's going on with Rivian's stock price.
Good news for investors who have been waiting for a surge in electric vehicle (EV) sales: The EV boom is here. Rivian Automotive (NASDAQ: RIVN), a relative newcomer to the EV manufacturing race, has a number of things going for it as it tries to convince investors it could be the next great EV stock. The EV manufacturer's production was slow to start 2023 due to retooling its electric delivery van (EDV) assembly line, but management confirmed it still expects to reach 50,000 in production units for the full year, which will be a 100% increase compared to 2022.