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Up until 2023 Rivian was working to build out its manufacturing assets. Once it achieved that goal it set about trying to work down its costs so it could make its vehicles profitably.
Rivian's (NASDAQ: RIVN) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. If you've been looking for growth stocks with high upside potential, Rivian ...
That wrestling match between the bulls and bears has Rivian's stock chart looking like a roller coaster, with a steep dive to start 2024 before rebounding mid-summer, followed by another dive and ...
The good news is that these two headwinds could soon turn into tailwinds for Rivian. In 2026, it plans on launching three new mass-market vehicles, all of which will debut for under $50,000.
The question now, though, is whether the stock is a buy, sell, or hold going into 2025. Let's look at each argument to help decide. Start Your Mornings Smarter!
After a long stretch of share price weakness, the market has finally started to shift its sentiment. Since the beginning of November, for instance, Rivian's stock value has increased by roughly 40%.
Rivian stock has cratered over 40% so far in 2024. 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 ...
As a company, Rivian Automotive (NASDAQ: RIVN) has performed incredibly well since going public in 2021. Over that time frame, sales have risen by more than 1,000%, breaching the $5 billion mark ...