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1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
ARVL | -99.6% | -100% | -94.77% | -100% |
S&P | +14.5% | +93.32% | +14.09% | +106% |
Arrival SA engages in manufacturing electric vehicles. It produces commercial electric vehicle vans and buses for the transportation, e-commerce, and logistics industries. The company was founded by Denis Sverdlov in 2015 and is headquartered in Howald, Luxembourg.
Investors were spooked that a large pile of shares is coming up for sale.
The EV start-up secured financing and reduced debt, but at what cost?
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