Previous close | 68.09 |
Open | 0.00 |
Bid | 65.80 x 0 |
Ask | 71.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 5,598 |
Market cap | 263.844B |
Beta (5Y monthly) | 1.10 |
PE ratio (TTM) | 16.25 |
EPS (TTM) | 4.05 |
Earnings date | N/A |
Forward dividend & yield | 1.54 (2.41%) |
Ex-dividend date | 25 Apr 2022 |
1y target est | N/A |
Charge Enterprises CEO Andrew Fox joins Yahoo Finance Live to discuss company earnings, electric vehicle adoption, supply chain issues, and the outlook for growth.
After a stunning recovery late last week, Rivian Automotive (NASDAQ: RIVN) stock opened Monday on a somber note and was down 4.4% as of noon today. Multiple analysts have slashed their price targets on the electric vehicle (EV) stock in the past few days, and Rivian, which started delivering its flagship R1T pickup trucks only recently, is also recalling nearly 500 trucks for faulty airbags. One of the biggest reasons why Rivian shares crashed early last week was a stake sale by one of its early investors, the auto giant Ford (NYSE: F).
If you're a "buy on the dip" kind of investor, the current pullback is a doozie of an opportunity. Although the S&P 500 (SNPINDEX: ^GSPC) finished last week on a high note, the index still sits 13% below March's high and remains down 16% for the year. While investor sentiment is understandable, some sell-offs have been overdone.