Is Rivian Automotive Stock a Buy?
Rivian Automotive(RIVN) The Motley Fool·2024-08-10 23:24
The electric vehicle maker still looks deeply undervalued.Rivian Automotive's (RIVN -5.23%) stock tumbled 7% on Aug. 7 after it posted a mixed second-quarter report. The electric vehicle (EV) maker's revenue rose 3% year over year to 20 million.But its net loss widened from 1.46 billion, or 0.21. It slightly narrowed its adjusted earnings before interest, taxes, depreciation, and amorti ...