Rivian Stock Tallies Best Day Ever Amid Post Election Rally ... - Forbes

Jan 3, 2025 · Rivian stock rose 24.5% to $16.49, the steepest one-day gain since the company went public in November 2021, topping the prior mark set in June. The California-based …

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Rivian Stock Tallies Best Day Ever Amid Post Election Rally ... - Forbes

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Jan 3, 2025 · Rivian stock rose 24.5% to $16.49, the steepest one-day gain since the company went public in November 2021, topping the prior mark set in June. The California-based …

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Forbes Daily: Winter Storm Slams U.S. With Delays And Canceled …

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Jan 6, 2025 · Tesla isn’t the only EV maker experiencing a post-election rally. Shares of California-based Rivian rallied to one of their best days ever on Friday, surging 24%. The …

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Tesla Rival Rivian’s Stock Has Best Day EverAs Surprise Post …

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Rivian stock's 24% rally and Tesla stock's 8% rally headlined a strong day for automakers and the broader market alike. ... Forbes · Follow. verified publisher · 317.9K followers. Tesla Rival …

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Rivian Stock Surge: Why Tesla’s Rival Rivian’s Stock Is Surging ...

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Jan 4, 2025 · Rivian’s 24.5% gain was the standout among EV makers, continuing a significant rally that began after the 2024 election results were in. Impressive Post-Election Rally for …

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Dow, S&P 500 Post Best Week Of 2024 With Trump Jolt - Forbes

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Nov 8, 2024 · The Dow’s 4.6% gain made this its strongest week since November 2023, the S&P’s 4.7% weekly rally was also its best since last November and the Nasdaq’s 5.7% jump is …

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Is Rivian Stock A Buy Or A Sell Amid December Rally?

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Dec 26, 2024 · Rivian stock has dropped 40% in 2024, and is now 80% below its IPO price of $78. However, the RIVN shares have rallied since Nov. 25.

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Rivian Stock Plunged After The Election. Is It A Buying Opportunity?

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Nov 6, 2024 · Today's drop in Rivian shares leaves the stock down nearly 60% year to date. Looking into the various crosscurrents among the EV names could prove helpful and …

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Rivian's Valuation Is Starting To Make Sense - Forbes

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May 30, 2024 · Rivian now has $5.97 billion in cash and equivalents, down from $11.78 billion in the same period last year, highlighting the financial strain from deliveries and operational …

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Rivian Stock Trap: Why 28% Rally Can’t Hide Fundamental Flaws

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Jul 9, 2024 · Rivian continues to be one of the most heavily shorted stocks on Wall Street, with nearly 20% of the shares sold short. This means that traders are betting on a continued …

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Shares Of Rivian Continue To Move Higher After Elon Musk

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Nov 12, 2021 · On Wednesday, the electric vehicle maker went public at a $90 billion valuation in the biggest U.S. IPO since Facebook, with its stock price surging nearly 30% to around $100 …

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Rivian Stock Falls As EV Deliveries Lag As Tesla Beats ... - Forbes

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Jan 2, 2024 · Rivian shares were down almost 10% Tuesday morning, putting the California-based EV maker on track for its biggest single-day stock drop since Nov. 9, when it also fell …

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FAQs about Rivian Stock Tallies Best Day Ever Amid Post Election Rally ... - Forbes Coupon?

Is Rivian stock a surprise post-election winner?

Rivian stock has been a surprise post-election winner. Rivian stock rose 24.5% to $16.49, the steepest one-day gain since the company went public in November 2021, topping the prior mark set in June. The California-based automaker registered its highest intraday share price since July 23. ...

Is Rivian a good stock to buy?

Rivian’s stock is up 54% since election day, outperforming every other stock besides Tesla and Palantir. The purchase of most Rivian vehicles qualifies for a $3,750 federal tax credit, but if Trump repeals such a subsidy, it could hurt EV demand and effectively increase the sticker price. ...

Is Rivian a profitable EV stock?

Today's drop in Rivian shares leaves the stock down nearly 60% year to date. Looking into the various crosscurrents among the EV names could prove helpful and potentially profitable for investors. It's no secret that Tesla CEO Elon Musk was a big Donald Trump supporter. ...

Why did Rivian stock surge?

The surge in Rivian stock was part of a broader rally in the automotive sector, as investors reacted positively to the company’s quarterly car delivery figures and the post-election market momentum. The rally in Rivian shares was spurred by the company’s fourth-quarter delivery data, which exceeded Wall Street expectations. ...

Why did Rivian stock drop 34% in 2024?

Rivian (RIVN) shares have plummeted 34% in 2024 as the EV startup is looking to challenge Tesla (TSLA), Ford (F), General Motors (GM) and other autos with its adventure-styled electric vehicles. RIVN shares edged down 0.6% during premarket trade on Tuesday after rallying 6.8% to 15.34 on Monday. The stock is up more than 25% in December. ...

What's going on with Rivian?

The money is being used to create a joint venture with Rivian that will see the two automakers work on electrical architecture and software technology together. Rivian stock initially soared as much as 50% on news of the Volkswagen investment. ...