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Stifel analyst Stephen Gengaro launched coverage of electric-vehicle makers Rivian and Lucid at Buy and Hold, respectively. The analyst had upbeat comments. ....
Penserra Capital Management LLC cut its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN – Free Report) by 97.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,090 shares of the electric vehicle automaker’s stock after selling 119,369 shares during the quarter. Penserra Capital Management LLC’s holdings in […] ....