Rivian: A Stock on the Rise
Rivian beats expectations
In Q2 2024, Rivian is expected to beat Wall Street's revenue predictions by 3 or so. 19 analysts predict revenue of 907 million. In Q1, the average was 885K per vehicle.
Volkswagen takes a stake
Volkswagen is now the second legacy automaker to take a stake in the California-based company. Ford Motor was among Rivians largest.
Massive short position
Rivian has a massive short position. The time to cover for the hedgies is close to 4 trading days. Basically, they'd have to start buying Rivian shares Monday to.
More information
Find the latest Rivian Automotive Inc RIVN stock quote, history, news, and other vital information to help you with your stock trading and investing.
Get the latest Rivian Automotive Inc RIVN real-time quote, historical performance charts, and other financial information to help you make more informed decisions.
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