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What’s Going On With Rivian Stock Tuesday?

Rivian Automotive, Inc. (NASDAQ: RIVN) shares are volatile on Tuesday after rising more than 25% over the last week. 
byErica Kollmann
July 11, 2023
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Rivian Automotive, Inc. (NASDAQ:RIVN) shares are volatile on Tuesday after rising more than 25% over the last week. 

What To Know:

On Tuesday, Barclays analyst Dan Levy maintained coverage on Rivian with an Overweight rating and raised the RIVN price target from $22 to $30.

Also on Tuesday, Rivian was granted a U.S. Patent (Patent No.: US 11,699,820 B2) for a battery module with bimetallic terminal busbar and adaptable connector interface.

According to Benzinga Pro, Rivian will report its second quarter financial results after the close of markets on August 8. 

Related News: What’s Going On With Canopy Growth Stock Tuesday?

RIVN Price Action: According to data from Benzinga Pro, Rivian Automotive shares are trading 2.92% lower at $24.77 at the time of publication.

Image: Mohamed_hassan from Pixabay

 
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