Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion -- WSJ

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Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion -- WSJ

Dow Jones11-13

By WSJ Staff

Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture-up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stock roughly 13% in premarket trading. Learn more about the deal:

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 13, 2024 04:46 ET (09:46 GMT)

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