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0.000216830149716101 -0.000516262261228785 0.00103252452245739 0 0.00826019617965927 0.00929272070211666 0.0159318533815177 0.022715539494063
Stock impact report

1 Wall Street Analyst Thinks Rivian Stock Is Going to $23. Is It a Buy at Around $10.50? [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
The financial results were disappointing, with lower revenue and a higher reported loss than expected. But the electric vehicle (EV) start-up reaffirmed its delivery expectations for the full year, even though supply chain issues have recently impacted production and its finances. After digesting this latest news, one Wall Street analyst felt the mixed results still meant investors would do well to buy Rivian shares now. Canaccord Genuity analyst George Gianarikas called the report a "messy" one but noted that "it wasn't all bad." It was the positive side that he thinks means the most for investors right now, and there was even better news from Rivian after it reported results. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Rivian has been restrained from growing production rates for several reasons. It's been retooling to prepare its manufacturing plant for the coming production of its next-generation EV platform next Show less Read more
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