Fool.com contributor Parkev Tatevosian answers if Rivian (RIVN 1.97%) makes an excellent purchase for long-term investors.
*Stock prices used were the afternoon prices of July 27, 2024. The video was published on July 29, 2024.
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Should Investors Buy Rivian Stock Before Aug. 6?
By Parkev Tatevosian, CFA
–
Jul 31, 2024 at 5:00AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$13B
Today's Change
(1.97%) $0.22
Current Price
$11.37
Price as of April 22, 2025, 3:58 p.m. ET
Rivian is in the process of turning gross profits positive by the end of 2024.
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.
Stocks Mentioned
Rivian Automotive
RIVN
$11.37
(1.97%)
$0.22
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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