Fool.com contributor Parkev Tatevosian discusses Rivian's (RIVN 3.18%) 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.
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Rivian Is Making Huge Strides Toward Profitability
By Parkev Tatevosian, CFA
–
Aug 21, 2023 at 10:20AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$13B
Today's Change
(3.18%) $0.38
Current Price
$12.34
Price as of December 5, 2024, 4:00 p.m. ET
Rivian is capitalizing on an increasing scale to leverage fixed costs.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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