RIVN Stock Recent News
RIVN LATEST HEADLINES
Rivian's R1T registrations spiraled 65% in March. Ford's F-150 Lightning remained the most popular EV truck.
Rivian reported first-quarter earnings and revenue in early May.
Rivian stock is down 7% so far this year and 78% below its IPO price.
Rivian stock has dropped 27% to begin 2024, after surging to end 2023, and is now 78% below its IPO price of $78.
Rivian (NASDAQ: RIVN ) stock is down by about 50% so far this year as the electric vehicle (EV) company deals with price wars, a preference of hybrids over EVs and high interest rates. Now, with the first-quarter 13F deadline past us, retail investors are able to gauge how institutional investors feel about these issues.
Rivian plans to launch a lower-priced platform in early 2026 and Lucid will launch the Gravity SUV later this year.
Rivian Automotive (NASDAQ: RIVN ) and Rivian stock got a tremendous boost recently after news surfaced that the Biden administration was planning to raise tariffs on Chinese EVs imported into the U.S. The tariff rate is currently 25%, but is expected to increase fourfold to 100% soon. Biden wants to add a 2.5% tariff on all auto imports to the U.S. The news sent U.S. EV stocks higher.
NEW YORK, NY / ACCESSWIRE / May 20, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/rivian-automotive-inc-lawsuit-submission-form?prid=80669&wire=1 or contact Joseph E. Levi, Esq.
Rivian successfully completed its plant shutdown and retooling. The state of Illinois provided Rivian with an incentive package.
Shares of Rivian hit the public markets priced at $78. Days after the initial public offering, Rivian stock more than doubled.