Fool.com contributor Parkev Tatevosian discusses Rivian's (RIVN +2.09%) progress in decreasing losses on the bottom line.
*Stock prices used were the afternoon prices of Aug. 17, 2023. The video was published on Aug. 19, 2023.
Rivian Is Making Huge Strides Toward Profitability
Rivian is capitalizing on an increasing scale to leverage fixed costs.
By Parkev Tatevosian, CFA – Aug 21, 2023 at 10:20AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.