Earthboii
2022-07-08

@MatthewWalter：
$Rivian Automotive, Inc.(RIVN)$ Rivian has had a rough journey since it went public last November. After reporting $95 million in revenue for the March 2022-ending quarter and a whopping net loss of $1.6 billion, the stock trades 86% below its high. Are its shares undervalued? It makes an amazing electric truck but it can’t make enough of them to fill the demand. Until Rivian can deliver more than it promises investors, its shares are not likely to soar.
$Rivian Automotive, Inc.(RIVN)$ Rivian has had a rough journey since it went public last November. After reporting $95 million in revenue for the March 2022-ending quarter and a whopping net loss of $1.6 billion, the stock trades 86% below its high. Are its shares undervalued? It makes an amazing electric truck but it can’t make enough of them to fill the demand. Until Rivian can deliver more than it promises investors, its shares are not likely to soar.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet