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Tag: Automotive

Business

Rivian Stock is trading horribly. Wall Street thinks it’s time for an activist.

Affumby AffumMarch 22, 20230

Font size Wall Street is not happy with the recent performance of Rivian or Rivian stock. Justin Sullivan/Getty Images Rivian Automotive stock trades much worse …

Business

GameStop Stock Soars on Surprise Earnings. The Short Squeeze begins.

Affumby AffumMarch 22, 20230

GameStop shares rose in late trading Tuesday after the video game retailer reported a strong quarter. Jim Watson/AFP via Getty Images Font size GameStop reported …

Business

Tesla gets upgrade to Investment Grade from Moody’s

Affumby AffumMarch 21, 20230

Next week, Tesla was a junk-rated credit with Moody’s, even though Tesla’s financial performance far more justified it by Moody’s own calculations. That changed Monday …

Business

2 Things That Make Rivian Stock Behave Like Meta-Stocks

Affumby AffumMarch 20, 20230

Font size Rivian’s enterprise value lags behind other EV start-ups Lucid, Polestar and Fisker. Kevin Dietsch/Getty Images Stock in electric truck startup Rivian Automotive trading …

Business

EV startups are bracing for another tough year as cash dwindles

Affumby AffumMarch 6, 20230

For many of the electric vehicle start-ups, the past year has been one full of supply chain constraints and production issues that hampered their efforts …

Business

Tesla shares fall 5% as Elon Musk’s ‘Master Plan 3’ lacks details on both cars and finances

Affumby AffumMarch 2, 20230

The shares of Tesla Inc. were down more than 5% in the extended session Wednesday after the electric vehicle maker teased a “next-generation” electric vehicle …

Business

Rivian Stock tumbles after profit. Why Wall Street Isn’t Worried.

Affumby AffumMarch 1, 20230

Font size Rivian expects production to roughly double to about 50,000 vehicles by 2023. Wall Street wanted more. Spencer Platt/Getty Images Electric truck startup Rivian …

Business

AMC shares bounce around after 14th consecutive quarterly loss, fourth straight year in the red

Affumby AffumFebruary 28, 20230

AMC Entertainment Holdings Inc. on Tuesday reported a loss for its 14th straight quarter and fourth straight year, and shares bounced around in after-hours trading. …

Business

AMC shares rise on smaller-than-expected loss. What you need to know about the results.

Affumby AffumFebruary 28, 20230

Font size AMC shares fell during trading on Tuesday, but preferred shares rose. Scott Olson/Getty Images AMC Entertainment Holdings the stock rose in late trading …

Business

Fisker shares up 30% as Ocean EV deliveries slated for spring launch

Affumby AffumFebruary 28, 20230

Fisker’s Ocean SUV on display at last year’s Paris Car Show. Photo: Michel Euler/Associated Press Updated February 27, 2023 at 7:17 PM ET Fisker shares …

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