Rivian Gets $5 Billion Lifeline, but Will It Regret the Cost?
Rivian (NASDAQ: RIVN) made a huge announcement on Tuesday that will invest up to $3 billion in the company, and the two companies will start a joint venture to share vehicle architecture. In this video, Travis Hoium breaks down the deal and why Rivian may have bought itself time, but not changed its fate long-term.
*Stock prices used were end-of-day prices of June 25, 2024. The video was published on June 26, 2024.
Source Fool.com
Volkswagen AG ST Stock
€112.20
0.900%
We see a rather positive sentiment for Volkswagen AG ST with 6 Buy predictions and 2 Sell predictions.
As a result the target price of 140 € shows a positive potential of 24.78% compared to the current price of 112.2 € for Volkswagen AG ST.
