Rivian Stock Hit With Triple Whammy
Rivian stock plunged on Thursday following an announcement late Wednesday that the company plans to sell $1.5 billion in convertible notes.
Rivian stock plunged on Thursday following an announcement late Wednesday that the company plans to sell $1.5 billion in convertible notes.
Tuesday's top analyst upgrades and downgrades included AppLovin, Block, ConocoPhillips, Datadog, FedEx, Nvidia, Okta, PayPal, Rivian Automotive, Toast and Zscaler.
Rivian’s stock should be thriving, but it is not for a variety of reasons.
Tesla reported Q3 production and delivery totals Monday morning that fell short of already lowered analysts' estimates. The share price did not suffered much.
Thursday's top analyst upgrades and downgrades included American Airlines, Apple, Conagra Brands, Fortinet, Mondelez, Oracle, Rivian Automotive, Sealed Air, Take-Two Interactive Software, Tapestry and Tesla.
Monday's top analyst upgrades and downgrades included Alibaba, Amazon.com, AppLovin, Corteva, Hershey, Lucid, Medical Properties Trust, Palo Alto Networks, Rivian Automotive, Twilio, Ventas, Walmart and Wayfair.
Rivian’s shares are falling because its prospects of competing effectively are tiny.
Thursday's top analyst upgrades and downgrades included Bumble, Coupang, Datadog, Dish Network, DraftKings, Eli Lilly, International Flavors & Fragrances, LivePerson, Novavax, Nvidia, Qualcomm and Rivian Automotive.
Here is a look at what analysts expect to hear from these five companies due to report quarterly earnings after Tuesday's closing bell.
Wednesday's top analyst upgrades and downgrades included American Eagle Outfitters, Apple, Coinbase, DoorDash, Estee Lauder, Gap, Goldman Sachs, Meta Platforms, Rivian Automotive, Shopify, SoFi Technologies, Tapestry, TechnipFMC, Uber Technologies, Valley National Bancorp…
EV maker Fisker pulled most EV makers along in its wake Monday. There was one big exception, though.
Thursday's top analyst upgrades and downgrades included Advanced Micro Devices, Coherent, Coinbase Global, Conagra Brands, Coty, Hertz Global, Netflix, Plug Power, Rivian Automotive, Transocean, United States Steel and Vici Properties.
Contract negotiations between UPS and the Teamsters Union have broken down and a strike of some 340,000 workers is threatened for the end of July.
Apple is on its way to closing with a market value of $3 trillion. And what's the new-found investor lust for EV stocks all about?
Boeing threatened by supplier strike, Tesla still getting beaten up by analyst downgrade, and AMC back in the news.