Previous close | 2.0100 |
Open | 2.1800 |
Bid | 1.9200 |
Ask | 2.7000 |
Strike | 8.00 |
Expiry date | 2024-05-24 |
Day's range | 2.1800 - 2.3500 |
Contract range | N/A |
Volume | |
Open interest | 265 |
The EV maker's strategic shift aims to expand market reach and improve financial stability. While the valuation improves, it's not yet a bargain
Rivian Automotive is looking to challenge Tesla, Ford and General Motors with its adventure-styled electric vehicles. It is Jonas' view that Rivian may benefit from a partnership to bring its new vehicles to market at scale.
Key Insights Given the large stake in the stock by institutions, Rivian Automotive's stock price might be vulnerable to...