Search results
Results From The WOW.Com Content Network
Continued cash burn. Rivian's Q2 revenue edged up 3% year over year to $1.16 billion as the company delivered 13,790 vehicles in the quarter, a 9% increase from a year ago. It produced 9,612 ...
Its affirmed 2024 volume represents zero growth over last year. The pressure is mounting for Rivian to post strong volume guidance for 2025 when the time comes. The good and the bad of Volkswagen ...
With bad profit margins, Rivian is currently burning a lot of cash. Over the last 12 months, the company has burned $5 billion in cash flow. With less than $10 billion in cash on the balance sheet ...
At the beginning of May 2022 the stock price fell further, closing at an all-time low of $22.78 on May 9, 2022, the decline from the peak in November 2021 being nearly 85 percent. [151] Rivian's stock price recovered significantly through the first half of 2023, reaching a period high of $28.06 on July 27, 2023.
Rivian stock fell more than 27% in midday trading on Thursday. For the quarter, Rivian reported top-line revenue of $1.32 billion vs. estimates for $1.25 billion, with an adjusted loss per share ...
So far, 2022 continues to be a difficult year for Rivian (NASDAQ:RIVN). The electric vehicle (EV) producer recently hit an all-time low of $67.40, with prices currently hovering slightly above ...
The automaker reported third quarter results that beat expectations last month, and boosted its full-year production forecast to 54,000 from 52,000 units. Its prior forecast of 52,000 units was ...
Shares of the electric vehicle (EV) maker are down more than 25% year-to-date, a far cry from its all-time high. Today, shares of RIVN stock are trading near $74, marking an all-time low.