Previous Close | 11.60 |
Open | 12.26 |
Bid | 11.51 x 15800 |
Ask | 11.58 x 7800 |
Day's Range | 11.22 - 12.26 |
52 Week Range | 8.26 - 24.61 |
Volume | |
Avg. Volume | 34,609,679 |
Market Cap | 11.789B |
Beta (5Y Monthly) | 2.05 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -5.60 |
Earnings Date | Feb 19, 2025 - Feb 24, 2025 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 14.96 |
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving capital condition.
Rivian (RIVN) wins preliminary approval for a $6.6 billion federal loan from the Department of Energy (DOE) that would go into finishing the build-out of an EV factory in Georgia. Yahoo Finance senior autos reporter Pras Subramanian joins Julie Hyman and Josh Lipton to break down the EV truck maker's timeline for completing this manufacturing facility and its projections for vehicle production once operational. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.