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NASDAQ:RIVN News

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Rivian (RIVN) Q2 Earnings: What To Expect

Electric vehicle manufacturer Rivian NASDAQ:RIVN will be reporting results this Thursday after market hours. Here’s what you need to know.Rivian missed analysts’ revenue expectations last quarter, reporting revenues of $1.38 billion, up 11.4% year on year. It was a very strong quarter for the compa…

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Lucid Plunges 57% After Restructuring Adviser Report

Lucid Group NASDAQ:LCID, an electric vehicle maker, saw its shares collapse Tuesday after a report said the company is working with restructuring adviser AlixPartners and evaluating options that could include bankruptcy protection or a move to take the business private. The report, published by the…

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California's New EV Rebate Has a Surprise Winner

California Governor Gavin Newsom signed legislation Monday creating a $3,500 rebate for first-time EV buyers, funded by a $270 million program split between the state budget and automakers. The rebate applies to new vehicles with a suggested retail price of up to $50,000 and includes a separate $1…

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California's New EV Rebate Makes Tesla the Winner

California Governor Gavin Newsom signed legislation Monday California Governor Gavin Newsom signed legislation Monday creating a $3,500 rebate for first-time EV buyers, funded by a $270 million program split between the state budget and automakers. The rebate applies to new vehicles with a suggeste…

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gurufocus

Rivian Drops 14% After Filing 75 Million-Share Stock Offering

Rivian Automotive NASDAQ:RIVN, an electric vehicle maker, saw its shares slide around 14% on Tuesday after the company announced a 75 million-share common stock offering, marking the stock's biggest one-day decline since November 2024.The company said underwriters are expected to receive a 30-day o…

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dow-jones

Rivian Stock Sinks as EV Maker Sells Shares to Raise Capital — WSJ

By Patrick GeorgeShares of electric automaker Rivian are down 13% today after it disclosed plans to sell 75 million shares of common stock.Based on Rivian's share price Monday evening, when the move was announced, the sale would raise about $1.5 billion.The automaker said it plans to use the procee…

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dow-jones

Why Rivian Stock Is Reversing Sharply After a Run of Gains — Barrons.com

By George GloverRivian Automotive has been on a tear lately, but investors were slamming the brakes on Tuesday after the electric vehicle maker said it would sell shares to help pay back a Department of Energy loan.The stock sank 7.9% to $18.55 ahead of the opening bell. Futures tracking the benchm…

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dpa_afx

Rivian Begins Underwritten Offering Of 75 Mln Shares

WASHINGTON (dpa-AFX) - Rivian Automotive, Inc. (RIVN), on Monday launched an underwritten public offering of 75 million common shares.The company also expects to grant underwriters a 30-day option to purchase up to an additional 11.25 million shares. Pricing and expected proceeds were not disclosed…

dpa-AFX en_IN
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reuters

Rivian forecasts quarterly revenue above estimates

Rivian NASDAQ:RIVN said it expects to report revenues of between $1.55 billion and $1.65 billion in the second quarter, compared to analysts' estimates of $1.45 billion, according to LSEG data.

Reuters en_IN
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