Rivian Automotive (NASDAQ:RIVN – Free Report) had its price target upped by Barclays from $22.00 to $30.00 in a research note published on Monday morning, FlyOnTheWall reports. A number of other research analysts also recently commented on the stock. Mizuho lowered their price objective on shares of Rivian Automotive from $30.00 to $27.00 in a […]
Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) was the target of unusually large options trading on Friday. Stock investors acquired 151,179 call options on the company. This represents an increase of approximately 35% compared to the typical daily volume of 111,851 call options. Rivian Automotive Trading Down 4.4 % Shares of RIVN stock opened at […]
Prudential PLC acquired a new stake in Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 17,511 shares of the electric vehicle automaker’s stock, valued at approximately $323,000. Other hedge funds also recently made changes to their positions in the company. Gould Capital LLC raised its stake […]
Mullen Automotive, Inc. (NASDAQ:MULN – Get Rating) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 17,350,000 shares, a drop of 95.0% from the April 15th total of 344,240,000 shares. Based on an average trading volume of 12,880,000 shares, the days-to-cover ratio is […]
Sonic Automotive (NYSE:SAH – Get Rating) announced its earnings results on Thursday. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.51), Briefing.com reports. Sonic Automotive had a return on equity of 35.44% and a net margin of 0.62%. The company had revenue of $3.49 billion […]