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Rivian Stock Falls 10% After Offering to Sell 75 Million Shares
Electric vehicle manufacturer Rivian's stock fell 10% after the company announced an offer to sell 75 million shares to raise capital, following recent gains.
6 Jul, 21:56 — 7 Jul, 12:44
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
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Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 1 region4/34
US2
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ℹOnly 2 sources cover this story
Sources
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bloombergHigh13d ago
Electric Vehicle Maker Rivian Offers to Sell 75 Million Shares - Bloomberg.com
Electric Vehicle Maker Rivian Offers to Sell 75 Million Shares Bloomberg.com
Read full article →cnbcMostly Factual13d ago
Rivian stock falls 10% as company sells 75 million shares to raise capital
The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.
Read full article →Coverage Timeline
First report: bloomberg · 6 Jul, 21:56|Full coverage: 2 · 15h|Window: 15h
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