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Rivian Automotive, Inc.

13.55

-0.2800-2.02%

Pre-market: 13.43-0.1200-0.89%07:14 EDT

Volume:25.46M

Turnover:342.19M

Market Cap:15.53B

PE:-2.89

High:13.75

Open:13.70

Low:13.13

Close:13.83

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Overview Company News Filings

Rivian Automotive Announces Q1 2025 Production Figures

BUZZ-Rivian falls after reporting decline in first-quarter deliveries

Rivian Automotive delivers 8,640 vehicles in Q1

Rivian Shares Down 2.9% Premarket After Co Reports Decline in Q1 Deliveries

THOMSON REUTERS

BRIEF-Rivian Produced 14,611 Vehicles At Its Manufacturing Facility In Normal, Illinois In Q1

Rivian Releases Q1 2025 Production and Delivery Figures and Sets Date for First Quarter 2025 Financial Results

THOMSON REUTERS

Press Release: Rivian Releases Q1 2025 Production and Delivery Figures and Sets Date for First Quarter 2025 Financial Results

Rivian: Delivered 8,640 Vehicles During Q1

THOMSON REUTERS

Rivian: Produced 14,611 Vehicles at Its Manufacturing Facility in Normal, Illinois in Q1

THOMSON REUTERS

Rivian Automotive Inc - Reaffirms 2025 Delivery Guidance of 46,000 to 51,000 Vehicles - SEC Filing

THOMSON REUTERS

Why Rivian Automotive Inc. (RIVN) Went Up On Tuesday?

Why Rivian Stock Surged Today

Is Rivian Automotive, Inc. (RIVN) The Best EV Stock to Buy Under $50?

EV Stocks Jump With Lucid up 8%, Tesla up 5%

Tiger Newspress

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Rivian Automotive (RIVN) Gains But Lags Market: What You Should Know

Rivian’s CEO explains why China is leading the EV shift and how the US can catch up

Why Rivian Automotive Inc. (RIVN) Went Up Last Week?

Trump Tells NBC He "Couldn't Care Less" About Higher Auto Prices

Rivian Automotive (NasdaqGS:RIVN) Sees 20% Weekly Price Jump After Spin-Off Of Micromobility Business

Simply Wall St.

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We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part I, Item 1A, \"Risk Factors\" in our Annual Report on Form 10-K for the year ended December 31, 2024, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RIVN","BK4547","BK4099","BK4555","BK4588","BK4596","BK4585"],"gpt_icon":1},{"id":"2524460069","title":"Rivian: Delivered 8,640 Vehicles During Q1","url":"https://stock-news.laohu8.com/highlight/detail?id=2524460069","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524460069?lang=en_us&edition=fundamental","pubTime":"2025-04-02 20:28","pubTimestamp":1743596922,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250402:nFWN3QG0D6:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["RIVN","BK4547","BK4099","BK4555","BK4588","BK4596","BK4585"],"gpt_icon":0},{"id":"2524460064","title":"Rivian: Produced 14,611 Vehicles at Its Manufacturing Facility in Normal, Illinois in Q1","url":"https://stock-news.laohu8.com/highlight/detail?id=2524460064","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524460064?lang=en_us&edition=fundamental","pubTime":"2025-04-02 20:28","pubTimestamp":1743596922,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250402:nFWN3QG0D6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4585","BK4555","BK4588","BK4547","BK4596","RIVN","BK4099"],"gpt_icon":0},{"id":"2524062460","title":"Rivian Automotive Inc - Reaffirms 2025 Delivery Guidance of 46,000 to 51,000 Vehicles - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524062460","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524062460?lang=en_us&edition=fundamental","pubTime":"2025-04-02 20:28","pubTimestamp":1743596922,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250402:nFWN3QG0D6:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4099","RIVN","BK4596","BK4547","BK4585","BK4555","BK4588"],"gpt_icon":0},{"id":"2524464199","title":"Why Rivian Automotive Inc. (RIVN) Went Up On Tuesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2524464199","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524464199?lang=en_us&edition=fundamental","pubTime":"2025-04-02 19:29","pubTimestamp":1743593381,"startTime":"0","endTime":"0","summary":"We recently published a list of 10 Firms Outperform Broader Market on Tuesday. In this article, we are going to take a look at where Rivian Automotive Inc.  stands against other firms that outperform broader market on Tuesday.The stock market finished mixed on Tuesday, with the Dow Jones the sole loser with a marginal 0.03-percent dip, as investors awaited clarity on President Donald Trump’s new tariff rollout.The tech-heavy Nasdaq ended 0.87 percent higher, while the S&P 500 grew 0.38 percent.Meanwhile, 10 individual stocks outperformed the bellwether indices, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite.In this article, we named Tuesday’s top performers and detailed the reasons behind their gains.Rivian Automotive grew its share prices for a second day by 6.67 percent to end at $13.28 apiece as investors resumed buying shares following its planned expansion into the lightweight electric vehicle industry.Disclosure: None. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-rivian-automotive-inc-rivn-112941697.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4099","BK4596","BK4555","BK4547","BK4585","BK4588","RIVN"],"gpt_icon":1},{"id":"2524175098","title":"Why Rivian Stock Surged Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2524175098","media":"Motley Fool","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524175098?lang=en_us&edition=fundamental","pubTime":"2025-04-02 08:08","pubTimestamp":1743552480,"startTime":"0","endTime":"0","summary":"Rivian announced today that it has spun off its micromobility unit into a separate business.Recent sales tracking suggests that Tesla's vehicles are seeing a steep pullback in the European market. For example, it looks like March sales for the company's vehicles in France declined 37% year over year, and its vehicle sales in the Netherlands declined 61%. With Tesla seemingly stumbling, some investors are betting that these shifts could create opportunities for Rivian and other players in the EV industry.Tesla's sales woes in Europe appear to be connected to Elon Musk's recent political activities and close relationship with President Donald Trump. Given the extent of the sales pullback, it's possible that significant damage has been done to the brand. If so, that could make it significantly easier for Rivian to expand its footprint in the EV market.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2025/04/01/why-rivian-stock-surged-today/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["LU2471134523.USD","LU1674673428.USD","LU1551013425.SGD","LU2471134879.HKD","TSLL","BK4581","BK4527","SG9999015986.USD","LU0323591593.USD","LU1861220033.SGD","LU1066051811.HKD","IE00B1XK9C88.USD","LU1839511570.USD","LU2213496289.HKD","LU0820562030.AUD","LU2357305700.SGD","LU0056508442.USD","LU1066051225.USD","BK4596","LU1861559042.SGD","LU2108987350.USD","SG9999015952.SGD","BK4604","BK4511","LU1861215975.USD","LU1852331112.SGD","LU2087621335.USD","BK4547","BK4585","BK4598","LU2023250330.USD","LU2326559502.SGD","TSYW.SI","BK4612","LU1066053197.SGD","LU0823411888.USD","LU0345770993.USD","IE0034235303.USD","LU0823414478.USD","LU0820561909.HKD","LU1366192091.USD","LU2756315318.SGD","BK4533","LU1861558580.USD","RIVN","LU1145028129.USD","LU1914381329.SGD","LU1232071149.USD"],"gpt_icon":1},{"id":"2524512307","title":"Is Rivian Automotive, Inc. (RIVN) The Best EV Stock to Buy Under $50?","url":"https://stock-news.laohu8.com/highlight/detail?id=2524512307","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524512307?lang=en_us&edition=fundamental","pubTime":"2025-04-02 01:01","pubTimestamp":1743526867,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 10 Best EV Stocks to Buy Under $50. In this article, we are going to take a look at where Rivian Automotive, Inc.  stands against the other EV stocks under $50.Electric vehicle  sales continue to grow but at a slower pace than many had previously expected. In 2024, sales of all-electric and hybrid vehicles in the US reached 20% of new car and truck sales for the first time. While this is a massive achievement, it comes at a slower rate than expected and traditional gas and diesel-powered vehicles still dominate the market. Gas or diesel internal combustion engines fell below 80% for the first time in modern automotive history. These models accounted for 79.8% of the sales in 2024.Why do we care about what hedge funds do?The reason is simple: our research has shown that we can outperform the market by i","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rivian-automotive-inc-rivn-best-170107519.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2236285917.USD","USAW.SI","BK4555","BK4099","RIVN","BK4521","USJW.SI","BK4588","HSBC","TSYW.SI","BK4596","LU0052756011.USD","BK4547","MNQmain","LU0128525689.USD","BK4207","BK4585","LU0310800965.SGD",".IXIC","LU1267930227.SGD","NQmain","NVIW.SI","PSQ","QID","QLD","TQQQ","SQQQ"],"gpt_icon":1},{"id":"1134593172","title":"EV Stocks Jump With Lucid up 8%, Tesla up 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1134593172","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1134593172?lang=en_us&edition=fundamental","pubTime":"2025-04-01 22:57","pubTimestamp":1743519464,"startTime":"0","endTime":"0","summary":"EV stocks jumped in morning trading. Lucid rose 8%; Rivian rose 7%; Tesla rose 5%; NIO rose 4%; XPeng and Li Auto rose 2%;  VinFast rose 1%. ","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LI","RIVN","LCID","NIO","VFS","TSLA","XPEV"],"gpt_icon":1},{"id":"1103936681","title":"US Automakers Make Mad Dash to Persuade Trump to Temper Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=1103936681","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1103936681?lang=en_us&edition=fundamental","pubTime":"2025-04-01 11:47","pubTimestamp":1743479228,"startTime":"0","endTime":"0","summary":"US automakers are making a last-ditch effort to sway the Trump administration on tariffs set to take effect this week, contending that levies on the thousands of parts they source abroad could have ca","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.bloomberg.com/news/articles/2025-03-31/us-automakers-lobby-to-exclude-low-cost-car-parts-from-tariffs?srnd=homepage-asia","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"lsy1584095487587","symbols":["ARVL","F","GOEV","NKLA","LCID","FSR","SEV","RIDE","TSPH","GM","FFIE","NIO","XPEV","VFS","LI","TSLA","ZK","RIVN"],"gpt_icon":1},{"id":"2524690921","title":"Rivian Automotive (RIVN) Gains But Lags Market: What You Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2524690921","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524690921?lang=en_us&edition=fundamental","pubTime":"2025-04-01 05:50","pubTimestamp":1743457814,"startTime":"0","endTime":"0","summary":"In the latest market close, Rivian Automotive  reached $12.45, with a +0.32% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.55%. Meanwhile, the Dow experienced a rise of 1.01%, and the technology-dominated Nasdaq saw a decrease of 0.14%.The the stock of a manufacturer of motor vehicles and passenger cars has risen by 4.81% in the past month, leading the Auto-Tires-Trucks sector's loss of 8.05% and the S&P 500's loss of 6.22%.The investment community will be paying close attention to the earnings performance of Rivian Automotive in its upcoming release. The company is predicted to post an EPS of -$0.80, indicating a 32.77% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $998.66 million, reflecting a 17.05% fall from the equivalent quarter last year.It is also important to note the recent changes to analyst estimates for Rivian Automotive. These revi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rivian-automotive-rivn-gains-lags-215014026.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4588","BK4547","BK4099","RIVN","BK4555","BK4596","BK4585"],"gpt_icon":1},{"id":"2524098069","title":"Rivian’s CEO explains why China is leading the EV shift and how the US can catch up","url":"https://stock-news.laohu8.com/highlight/detail?id=2524098069","media":"Electrek","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524098069?lang=en_us&edition=fundamental","pubTime":"2025-04-01 05:35","pubTimestamp":1743456950,"startTime":"0","endTime":"0","summary":"China is dominating the global EV market, and according to Rivian’s (RIVN) CEO RJ Scaringe, this didn’t happen by accident. After squeezing global automakers out of their home market, Chinese EV makers are quickly expanding overseas. Scaringe explained why China is leading the shift and what the US can do to keep pace.","market":"nz","thumbnail":"https://electrek.co/wp-content/uploads/sites/3/2024/03/Rivian-R3-design-1.jpeg?quality=82&strip=all&w=1400","type":0,"news_type":0,"thumbnails":["https://electrek.co/wp-content/uploads/sites/3/2024/03/Rivian-R3-design-1.jpeg?quality=82&strip=all&w=1400"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://electrek.co/2025/03/31/rivian-ceo-why-china-leads-evs-how-the-us-can-catch-up/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"electrek_highlight","symbols":["LU0494093205.USD","NVDX","LU1280957306.USD","LU2505996681.GBP","SG9999001424.SGD","LU0203202063.USD","NVDS","IE00B19Z9505.USD","LU1989764664.SGD","NVD3.UK","NVDY","IE00BQXX3C00.GBP","RIVN","LU0965509010.AUD","LU2750360641.GBP","LU2403377893.USD","LU2237957902.USD","NVDS.UK","LU1935042488.USD","LU0708995401.HKD","BK4527","SG9999015978.USD","SG9999015952.SGD","BK4551","LU2290526834.HKD","3NVD.UK","IE00BMPRXN33.USD","HK0000320264.USD","NVIW.SI","LU2463028550.USD","LU0320765059.SGD","IE00BQXX3D17.EUR","LU1861127337.USD","LU0528227936.USD","2NVD.UK","IE0009356076.USD","LU1119994496.HKD","LU0640476718.USD","LU1244550577.SGD","NVDD","LU2413666426.HKD","NVDU","NVD2.UK","LU0672654240.SGD","SNVD.UK","TSYW.SI"],"gpt_icon":1},{"id":"2523642755","title":"Why Rivian Automotive Inc. (RIVN) Went Up Last Week?","url":"https://stock-news.laohu8.com/highlight/detail?id=2523642755","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523642755?lang=en_us&edition=fundamental","pubTime":"2025-03-30 10:40","pubTimestamp":1743302447,"startTime":"0","endTime":"0","summary":"We recently published a list of 10 Stocks Outperform Broader Market Last Week. In this article, we are going to take a look at where Rivian Automotive Inc.  stands against other stocks that outperformed broader market last week.Wall Street’s main indices traded lower week-on-week as investor sentiment continued to be dragged by the ongoing trade tensions globally.The tech-heavy Nasdaq was down by 2.59 percent versus its level on March 21. Meanwhile, the S&P 500 declined by 1.5 percent and the Dow Jones dropped by 0.956 percent.Ten individual stocks, on the other hand, managed to stay stronger, three of which were particularly notable as funds flocking to gold assets spilled over into their stocks.In this article, we listed last week’s 10 top performers and detailed the reasons behind their gains.Disclosure: None. This article is originally published atInsider Monkey.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-rivian-automotive-inc-rivn-024047216.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4547","BK4099","BK4585","BK4588","BK4596","BK4555","RIVN"],"gpt_icon":1},{"id":"1161553416","title":"Trump Tells NBC He \"Couldn't Care Less\" About Higher Auto Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1161553416","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1161553416?lang=en_us&edition=fundamental","pubTime":"2025-03-30 07:35","pubTimestamp":1743291324,"startTime":"0","endTime":"0","summary":"President Donald Trump said he “couldn’t care less” if automakers raise car prices in response to the planned tariffs on auto imports, according to an interview with NBC.Trump also said he does not plan to fire anyone over the security leak of planned military strikes in Yemen on the Signal chat app, the report said.He reiterated that he seeks to annex Greenland. While there is a “good possibility” the US could do so without using military force, he said he won’t take any option off the table.","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.bloomberg.com/news/articles/2025-03-29/trump-tells-nbc-he-couldn-t-care-less-about-higher-auto-prices?srnd=homepage-asia","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"lsy1584095487587","symbols":["LI","ARVL","GM","FFIE","TSLA","TSPH","XPEV","F","FSR","VFS","LCID","GOEV","NIO","NKLA","RIVN","RIDE","ZK","SEV"],"gpt_icon":1},{"id":"2523682121","title":"Rivian Automotive (NasdaqGS:RIVN) Sees 20% Weekly Price Jump After Spin-Off Of Micromobility Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2523682121","media":"Simply Wall St.","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523682121?lang=en_us&edition=fundamental","pubTime":"2025-03-29 01:42","pubTimestamp":1743183721,"startTime":"0","endTime":"0","summary":"Rivian Automotive saw a notable share price increase of nearly 20% last week, coinciding with its strategic decision to spin off its micromobility business into Also, Inc., highlighting the company's focus on core electric vehicle operations. This move may have strengthened investor confidence despite broader market concerns, as the Dow Jones Industrial Average and NASDAQ Composite experienced declines amid heightened inflation and weakened consumer sentiment. While the spin-off indicates a shift in corporate strategy, Rivian's recent collaboration with XPEL to offer customizations for its vehicles may have also contributed to the heightened investor interest in the company's prospects.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take accoun","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rivian-automotive-nasdaqgs-rivn-sees-174201804.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Rivian Automotive (NasdaqGS:RIVN) Sees 20% Weekly Price Jump After Spin-Off Of Micromobility 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