finance.yahoo.com (nprofile…pkyy)
https://media.zenfs.com/en/motleyfool.com/bcbdf7156fdb0a3de7a150db82b3ba51
https://finance.yahoo.com/news/why-rivian-stock-dropped-thursday-163911748.html
finance.yahoo.com / Yahoo! Finance
npub1va…rwc3n
2024-11-14 17:45:26
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2024-11-14 17:45:26Event JSON
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"Rivian's stock surged 14% on Wednesday after the company announced the final terms of its joint venture with Volkswagen, which was valued at $5.8 billion. However, the stock dropped 5% on Thursday, likely due to investors locking in gains from the previous day's jump. The joint venture will focus on creating next-generation electrical architecture and software for electric vehicles, with Volkswagen funding 75% of the costs. Despite the drop, the deal is seen as a positive step for Rivian's future success."
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