Sponsored

Barron's: Rivian Stock Is Tumbling After Earnings. Why Wall Street Isn’t Worried.

Count Orlok

Well-Known Member
Joined
May 17, 2022
Threads
169
Messages
2,150
Reaction score
4,294
Location
Wisconsin & New Mexico
Vehicles
2022 R1S/ 2024 INEOS Grenadier/ 1969 Ford / etc.
Occupation
retired

Tahoe Man

Banned
Well-Known Member
Joined
Aug 12, 2022
Threads
1
Messages
561
Reaction score
496
Location
Tahoe
Vehicles
Chevy Volt
Analyst are the last to change their coverage call, usually it's well past the inflection point.

The company has a pretty good cash burn rate, that's gotta be an issue especially in a rising rate environment.
 

Prime

Well-Known Member
Joined
Jul 18, 2022
Threads
11
Messages
1,131
Reaction score
1,138
Location
SoCali
Vehicles
Tesla MY(P), Rivian R1T
To be fair, whole market is down today, not just Rivian.
 

Tahoe Man

Banned
Well-Known Member
Joined
Aug 12, 2022
Threads
1
Messages
561
Reaction score
496
Location
Tahoe
Vehicles
Chevy Volt
To be fair, whole market is down today, not just Rivian.
Not sure why that makes it fair. Rivian released their earnings, WS has an issue with their guidance. Stock is down 23%, close to making new lows.
 

Sponsored

Tahoe Man

Banned
Well-Known Member
Joined
Aug 12, 2022
Threads
1
Messages
561
Reaction score
496
Location
Tahoe
Vehicles
Chevy Volt
With stock down 17-8% the absurdity/irony/incongruity of that title makes me :CWL::CWL::CWL::CWL::CWL::CWL::CWL::CWL::CWL::CWL::CWL::CWL:.
The title should be "Rivian stock is down 88% from the high, why Wall Street isn't worried" blah blah blah.
 
 




Top