Rivian stock falls 10% as company sells 75 million shares to raise capital
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Source: CNBC
Published: 2026-07-07 22:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Rivian Automotive stock was down by more than 10% during premarket trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock.
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