Stock Market Today, April 21: Lucid Group Jumps After Uber Invests $500 Million and Commits to 35,000 Robotaxis [Globe and Mail, The (Toronto, Canada)]
Rivian Automotive, Inc. - Class A (RIVN)
Company Research
Source: Globe and Mail, The
million, 11.5% equity stake and enlarged 35,000-vehicle robotaxi commitment. Investors are watching potential moves by Saudi Arabia's Public Investment Fund (PIF) and execution under new CEO Silvio Napoli. The PIF is Lucid's largest shareholder. Trading volume reached 46.9 million shares, coming in about 379% above its three-month average of 9.8 million shares. Lucid Group IPO'd in 2020 and has fallen 93% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) slipped 0.65% to 7,063, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.59% to 24,260. Among auto manufacturers, Tesla (NASDAQ:TSLA) closed at $386.39, down 1.56%, while Rivian Automotive (NASDAQ:RIVN) finished at $17.15, up 1.36%, underscoring mixed sentiment across EV makers. What this means for investors An updated SEC filing from Lucid showed ride-share leader Uber now owns 37.7 million Lucid shares for an 11.5% stake tied to a previously announced planned $500 million investment. Uber
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RIVN
News
- Tornado Impact At Rivian Factory Raises Questions On R2 Ramp And Value [Yahoo! Finance]Yahoo! Finance
- Redwood Materials lays off 10% in restructuring to chase energy storage business [TechCrunch]TechCrunch
- Why the Market Dipped But Rivian Automotive (RIVN) Gained Today [Yahoo! Finance]Yahoo! Finance
- Rivian Automotive platform push unlikely to gain near-term traction, says UBS [Yahoo! Finance]Yahoo! Finance
- Lucid Delivers Good News -- Here's Why the Stock Declined 20% Anyway [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- 4/2/26 - Form 4
- RIVN's page on the SEC website