The upcoming week marks the four-year anniversary of Rivian Automotive's (RIVN) IPO and its first week share price boom. The ...
In a significant development for the electric vehicle (EV) industry, Rivian Automotive Inc. has agreed to pay $250 million to settle a class-action lawsuit brought by investors who accused the company ...
The settlement agreement will enable Rivian to “focus its resources” on the launch of its upcoming R2 vehicle, the company ...
But today, Rivian shares trade at about $13. A $150 investment made at its IPO price (including fractional shares) would have shrunk to a value of around $25. That same investment ...
This article originally appeared on Detroit Free Press: Rivian reports first drop in quarterly revenue since IPO, shows loss ...
Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
Rivian has agreed to settle a 2022 class-action lawsuit alleging it misled investors about vehicle pricing during its 2021 ...
Rivian has agreed to settle a 2022 shareholder lawsuit. The automaker will pay out $250 million to qualifying investors if ...
The company canceled a similar-sized award from 2021, when EV optimism was sky-high, due to the "unlikeliness" that the ...
Rivian (NASDAQ:RIVN) will pay $250 million to settle a 2022 class-action lawsuit over alleged IPO misstatements, according to a Thursday court filing. On the same day, the EV maker said it will cut ...
After its first two days of trading in 2010, electric vehicle maker Tesla had a market cap of just over $2 billion. R.J. Scaringe, the CEO of EV manufacturer Rivian, is worth that much on his own ...
Rivian’s stock is now down by more than 80% from its all-time high. The electric vehicle maker has grappled with supply chain issues, a difficult macroeconomic environment, and intensifying ...