Rivian Stock Drops Despite Analyst Upgrade and Strong Q3 Deliveries

Rivian stock drops despite analyst upgrade and strong deliveries
Electric truck startup Rivian saw shares fall recently
Rivian delivered over 7,000 vehicles in Q3 2022
Analyst upgraded Rivian stock ahead of delivery report
Rivian gaining momentum but facing production challenges

barrons.com

Relevant topic timeline:

9/26/2023

Rivian Stock Jumps on Positive Analyst Comments and Bullish Outlook

Rivian Automotive's stock soared 6% after analysts predicted strong third-quarter deliveries and highlighted the company's improving margins and solid demand for its electric vehicles.

9/26/2023

Rivian Gets Thumbs Up from Analyst As Custom R1T Pickup Wows, Tesla View More Critical

Electric vehicle stock Rivian (NASDAQ:RIVN) received positive news from analysts, with Baird marking it as a "fresh pick" likely to beat delivery projections, resulting in a 6.5% increase in shares; additionally, reports of a lifted version of the Rivian R1T have further augmented its appeal to pickup enthusiasts.

9/26/2023

Rivian Soars on Buy Rating and Fisker Ramps Up Deliveries of New Electric SUVs

Rivian's stock rises on predicted Q3 delivery success despite a slight decrease in estimates, while Fisker anticipates a significant increase in EV deliveries in the US and Europe for the fourth quarter.

10/1/2023

Rivian Sees Huge Growth in California as R1S and R1T Gain Popularity as Tesla Alternatives

Rivian experienced explosive growth in the first half of 2023 in California, with a nearly 200 percent increase in new vehicle registrations and a 156 percent growth in registrations for the second quarter alone, making it a popular alternative to Tesla among consumers.

10/2/2023

Rivian Ramps Up EV Production, Beats Q3 Estimates Without Price Cuts

Electric-vehicle maker Rivian Automotive surpassed analysts' expectations with third-quarter deliveries as it increases production to meet the demand for its pickup trucks and SUVs, targeting to produce 52,000 vehicles in 2023, while the EV industry in the US shows signs of positive growth despite a slowdown and price cuts by rivals.

10/5/2023

Rivian Stock Sinks as EV Maker Announces $1.5 Billion Convertible Note Offering

Shares of Rivian Automotive are down 16% in early trading after the company announced a plan to offer $1.5 billion in convertible notes and provided a third-quarter revenue estimate in line with Wall Street expectations.

10/5/2023

Stocks Move on Earnings: Rivian Tumbles, Clorox Slides, Orchard Soars, Lamb Weston Jumps after Quarterly Results

Electric vehicle maker Rivian Automotive announces plans to raise $1.5 billion in convertible notes, causing a 19% drop in share prices, while McDonald's supplier Lamb Weston experiences a 10% jump in shares after beating analysts' expectations.

10/5/2023

Rivian Stock Drops 23% After Announcing $1.5B Convertible Bond Sale to Fund Operations

Electric vehicle maker Rivian's shares dropped nearly 23% after announcing plans to issue $1.5 billion worth of convertible green bonds to help "de-risk" the launch of its R2 sports utility vehicle, raising concerns about dilution and cash flow for the speculative business.

10/27/2023

Rivian Stock Drops Despite Upcoming Earnings Report

Rivian Automotive's stock has dropped by 29.94% in the past month, and the company is set to announce its earnings on November 7, 2023, with projected year-over-year growth of 13.38% and an estimated revenue increase of 154.57%.

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Posted 10/2/2023, 6:58:00 PM

Rivian Stock Drops Despite Analyst Upgrade and Strong Q3 Deliveries

Rivian stock drops despite analyst upgrade and strong deliveries
Electric truck startup Rivian saw shares fall recently
Rivian delivered over 7,000 vehicles in Q3 2022
Analyst upgraded Rivian stock ahead of delivery report
Rivian gaining momentum but facing production challenges

barrons.com

Relevant topic timeline:

9/26/2023

Rivian Stock Jumps on Positive Analyst Comments and Bullish Outlook

Rivian Automotive's stock soared 6% after analysts predicted strong third-quarter deliveries and highlighted the company's improving margins and solid demand for its electric vehicles.

9/26/2023

Rivian Gets Thumbs Up from Analyst As Custom R1T Pickup Wows, Tesla View More Critical

9/26/2023

Rivian Soars on Buy Rating and Fisker Ramps Up Deliveries of New Electric SUVs

10/1/2023

Rivian Sees Huge Growth in California as R1S and R1T Gain Popularity as Tesla Alternatives

10/2/2023

Rivian Ramps Up EV Production, Beats Q3 Estimates Without Price Cuts

10/5/2023

Rivian Stock Sinks as EV Maker Announces $1.5 Billion Convertible Note Offering

10/5/2023

Stocks Move on Earnings: Rivian Tumbles, Clorox Slides, Orchard Soars, Lamb Weston Jumps after Quarterly Results

10/5/2023

Rivian Stock Drops 23% After Announcing $1.5B Convertible Bond Sale to Fund Operations

10/27/2023

Rivian Stock Drops Despite Upcoming Earnings Report