Is It Worth Betting on Rivian (RIVN) Ahead of Q1 Earnings? [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
Within a mere week of its debut, the stock rocketed 120% from its IPO price of $78/share, closing at a record high of $172.01 on Nov 16, 2021. At its peak, the market cap of the company exceeded $150 billion—outstripping even legacy automakers like General Motors GM and Ford F. Fast forward to the present, Rivian is trading at around $10/share, valued at roughly $10 billion. So, what led to this steep decline, and does it signal an opportune moment for investors? Well, the company is indeed facing challenging times now but are the long-term prospects healthy? As Rivian prepares to unveil its first-quarter 2024 results on May 7, investors are scrutinizing the company's performance and potential. Behind the Precipitous Plunge Backed by Amazon AMZN and Ford, Rivian was excessively overvalued from the very beginning. Back in 2020 and 2021, investors were piling up these EV startups, with little regard to underlying fundamentals and were ready to pay huge premiums. Eventually, the bu
Show less
Read more
Impact Snapshot
Event Time:
RIVN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RIVN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RIVN alerts
High impacting Rivian Automotive, Inc. news events
Weekly update
A roundup of the hottest topics
RIVN
News
- Troubled EV maker Fisker closing Manhattan Beach headquarters [Yahoo! Finance]Yahoo! Finance
- Mercedes-Benz workers in Alabama vote against unionizing in blow to big UAW push [Yahoo! Finance]Yahoo! Finance
- Troubled EV maker Fisker closing Manhattan Beach headquarters [Los Angeles Times (CA)]Los Angeles Times
- Investors in Rivian Automotive, Inc. Should Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights - RIVNAccesswire
- Investors who lost money on Rivian Automotive, Inc. (RIVN) should contact Levi & Korsinsky about pending Class Action - RIVNAccesswire
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- RIVN's page on the SEC website