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Here are three reasons why investors willing to shoulder a risky investment might want to consider buying Rivian stock today. The big financial goal for 2024 is to post a "modest gross profit" in ...
This year started out fairly well, with a goal of matching 2023 production levels despite a plant upgrade that would allow Rivian to post a modest gross profit in the fourth quarter of 2024. A ...
Rivian Automotive (NASDAQ: RIVN) attracted a stampede of bulls with its IPO on Nov. 9, 2021. The electric vehicle (EV) maker went public at $78 per share, and its stock opened at $106.75 before ...
Is Rivian Stock a Buy? ... May 11, 2024 at 3:30 AM. Rivian (NASDAQ: RIVN) share prices fell after the electric vehicle (EV) maker reported first-quarter 2024 earnings. While sales were roughly in ...
Yet the stock has still dropped about 40% in 2024. With its business at an inflection point heading into 2025, investors may wonder whether it's time to buy Rivian stock while it's below $15 per ...
This is despite the Cybertruck's higher sticker price, with a base price of $82,235, compared to Rivian's R1T, which starts at $71,700. Worse still, Rivian lost an average of $39,130 on every car ...
The S&P 500 and Nasdaq Composite have held up well so far in 2024, but one stock that hasn't been such a great investment is Rivian Automotive (NASDAQ: RIVN). Shares of the electric carmaker are ...
Investors didn't have many good reasons to buy Rivian over the last year. But the stock has gained momentum in recent months as the buy case has begun to get clearer, and the stock has gained ...