Rivian Stock Drops Over 10% After Announcing Public Offering

Rivian Automotive stock offering electric vehicles

نظرة سريعة

Rivian Automotive's stock fell over 10% in premarket trading Tuesday following the announcement of a public offering of 75 million shares.
The company aims to raise approximately $1.51 billion to fund equity contributions for a loan agreement with the U.S.
Department of Energy.

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حجم الخط

Rivian Automotive's stock fell over 10% in premarket trading Tuesday following the announcement of a public offering of 75 million shares. The company aims to raise approximately $1.51 billion to fund equity contributions for a loan agreement with the U.S. Department of Energy.

Read the full article on CNBC

مواضيع ذات صلة

Rivian Automotive

مواضيعstock offering electric vehicles capital raise Department of Energy research and development

This article was originally published by CNBC.

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