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Stock impact report

Winners And Losers Of Q4: Rivian (NASDAQ:RIVN) Vs The Rest Of The Automobile Manufacturing Stocks [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Much capital investment and technical know-how are needed to manufacture functional, safe, and aesthetically pleasing automobiles for the mass market. Barriers to entry are therefore high, and auto manufacturers with economies of scale can boast strong economic moats. However, this doesn't insulate them from new entrants, as electric vehicles (EVs) have entered the market and are upending it. This has forced established manufacturers to not only contend with emerging EV-first competitors but also decide how much they want to invest in these disruptive technologies, which will likely cannibalize their legacy offerings. The 7 automobile manufacturing stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 6.1%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.4% since the latest earnings results. The manufacturer of Amazon's delivery trucks, Rivian (NASDAQ:RIVN) designs, manufactures, a Show less Read more
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