Rivian's $5 Billion "Buy the Dip" Moment? A Closer Look at VW's Investment in the Company
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the recent (up to) $5 billion investment that Volkswagen (OTC: VWAGY) committed to electric car maker Rivian Automotive (NASDAQ: RIVN).
*Stock prices used were from the afternoon of June 25, 2024. The video was published on July 9, 2024.
Source Fool.com
Volkswagen AG VZO Stock
€106.80
1.090%
Currently there is a rather positive sentiment for Volkswagen AG VZO with 8 Buy predictions and 3 Sell predictions.
However, we have a potential of -2.62% for Volkswagen AG VZO as the target price of 104 € is below the current price of 106.8 €.
