Friday, 2 June 2023

Rivian stock has ‘clear opportunity’ to pull ahead

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Rivian Automotive Inc.'s recent "clear improvements" reinforce investor's confidence that the EV maker is on path to break even next year, presenting an opportunity for the stock.

That's from analysts at Barclays, led by Dan Levy, who said in a note Friday that they recently visited Rivian's plant in Normal, Ill.

Broadcom Inc. shares fell in volatile after-hours trading Thursday after the chip and software company reported strong results and outlook topped Wall Street expectations following a recent run to record high prices.







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