Rivian shares soar 30% after Volkswagen takes $1 billion stake

    https://www.cnbc.com/amp/2024/06/25/volkswagen-rivian-stake.html

    Posted by Brendawg324

    26 Comments

    1. behindcl0seddrs on

      This was not on my bingo card. Good for anyone who took a risk on the earnings.

    2. BTCTickerlicker on

      I can’t believe it. I just bought LEAPs on RIVN two hours ago. SEC is gonna be knocking down my door any second lmao

    3. I’ve been trying put friends/family on to Rivian for months now and no one has taken me seriously. They’re gonna be huge by 2027 when they’ve got the R2, R3, and eventually the R3X out. They’re not gonna go under because of the Amazon contract, they’ve got solid QC and positive sentiment in the EV community, and Volkswagen getting a $1 bill stake only proves that further. By 2028 Rivian should be over $100 and everyone that bought in now will be very pleased. Sincerely, stack Rivian

    4. InteractionNearby775 on

      If it’s up 40% after hours, does that usually mean it’s going to continue to rise tomorrow?

    5. I literally considered doubling my position last week and didn’t do it![img](emote|t5_2th52|31225)

    6. LOOOL. Up 10K on my shares with average cost 9.90.

      Should’ve put it in the Roth instead of the traditional. Welp

    7. Neuralearthnet on

      Ok I have 5000 shares that I bought at $24.05. I want out and want to sell 4000 shares so what do you all think I should sell it for?

    8. NochillWill123 on

      I feel like a baller with my 3 shares at $10
      Edit : I just f**king realized I cancelled a 10 order share yesterday… wtf lmao

    9. So what’s VWG goal here? They going to outsource their EV development to them? They were supposed to massively go into EVs for like $80 billion pre pandemic. We know that went to shit and demand has dropped for EVs. They are one of the lowest priced car manufacturers stock.

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