|Bid||0.8800 x 1000|
|Ask||0.8900 x 900|
|Day's range||0.8003 - 0.8799|
|52-week range||0.8000 - 17.9900|
|Beta (5Y monthly)||2.38|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Arrival (NASDAQ: ARVL) provided its second-quarter update Thursday, and it indicated the electric vehicle company is working as hard to stay afloat as it is to get its products into production. Arrival told investors it remains on track to begin production of electric vans at its facility in the U.K. in the current quarter, and said it has about $6 billion in non-binding memorandums of understanding and orders if all are completed. Maybe most impactful for shareholders, the company plans to sell another $300 million in stock that will significantly dilute existing shareholders.
(Bloomberg) -- Even a breakthrough US climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.Most Read from BloombergIn Defeat, Cheney Vows to Do ‘Whatever It Takes’ to Block TrumpBill Gates and the Secret Push to Save Biden’s Climate BillAmerica’s $7 Trillion Retirement Crisis Is Only Get
Today we will run through one way of estimating the intrinsic value of Arrival ( NASDAQ:ARVL ) by projecting its future...