Dilution Beats Growth! Capital Needs Slow Down Rivian's Rally and Send Shares Down 18%!
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Stock crash after capital increase: The announcement of a stock issuance worth approximately $1.51 billion causes the share price to plummet by 18% Operational uptrend overshadowed: The dilution of shares overshadows a strong second quarter and raised delivery targets Hope bearer R2: The launch of the new mid-size SUV is expected to bring a fundamental turnaround A drastic setback abruptly ended the recent uptrend of the US electric vehicle manufacturer Rivian Automotive (RIVN). Following a multi-day rally, the stock lost 18% of...
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