investment

Is Rivian Stock a buyout after Volkswagen’s $5 billion investment?

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The electric vehicle (EV) industry hasn’t been particularly kind to investors, especially betting ones Rivian Automotive (NASDAQ: RIVN). Its shares have lost about 90% of their value since going public three years ago amid growing competition and missed production targets. But some recent good news has given the stock a lift. Let’s dig deeper into … Read more

Rivian soars after Volkswagen investment. Is it too late to buy stocks?

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Stock prices of Rivian (NASDAQ: RIVN ) surged higher after the electric vehicle (EV) maker received a sizeable investment from the German automaker Volkswagen (OTC: VWAGY). Despite recent price increases, the stock is still down nearly 43% in 2024. Let’s look at the importance of this investment, how it could help Rivian, and whether it’s … Read more