Rivian Automotive shares surged on Thursday after an announcement that the electric vehicle (EV) manufacturer would supply its cars for AT&T Inc.’s fleet, marking its first major deal since ending its exclusivity agreement with Amazon.com.
Rivian's stock soared over 10% on the day, marking its largest one-day percentage increase since July 7. The partnership with Texas-based AT&T involves the purchase of Rivian's electric delivery vans and other EVs for the telecom firm’s fleet, with the first vehicles expected to arrive early next year.
As part of the agreement, AT&T will become the exclusive provider of connectivity for all Rivian vehicles in the U.S. and Canada. This arrangement includes facilitating Rivian's over-the-air software updates.
The EV maker in November said it had ended its exclusivity deal to provide the electric delivery vans to e-commerce giant Amazon, an early Rivian backer.
The positive momentum in Rivian's stock price on Thursday mirrored broader gains in the electric vehicle and automobile sector, with Tesla and General Motors stock both rising by 5% .
General Motors also made headlines by announcing layoffs of over 20% of its workforce at the autonomous-driving unit Cruise, following the recent departure of several executives from the driverless-car business.
Calcule sus ganancias y pérdidas hipotéticas (costes y cargos agregados) si ha abierto una operación hoy..
Market
Instrumento
Tipo de cuenta
Dirección
Cantidad
La cantidad debe ser igual o superior a
La cantidad debería ser menor que
La cantidad debe ser un múltiplo del incremento de lotes mínimo
USD
EUR
GBP
CAD
AUD
CHF
ZAR
MXN
JPY
Valor
Comisión
Spread
Apalancamiento
Tasa de conversión
Margen requerido
Swap nocturno
El rendimiento anterior no constituye un indicador fiable del rendimiento futuro.
A todas las posiciones sobre instrumentos denominados en una divisa distinta a la divisa de su cuenta se les aplicará una comisión de cambio también al salir de la posición.
As of December 15, the majority of analysts surveyed by TipRanks offering 12-month Rivian share price forecasts were bullish on the stock. Of the 21 analysts issuing ratings on Rivian Automotive, 13 had the stock as a Buy, 7 rated it a Hold, and one analyst rated it a Sell.
Rivian's shares have seen a 20% increase year-to-date, slightly trailing the 23% advance of the S&P 500 index.
The EV maker’s competitors have had mixed results in 2023. Elon Musk-led Tesla rocketed ahead, more than doubling its share price for a 105.6% gain, while Chinese automaker Nio saw its stock fall by 18.4%, despite rallying by over 7% over the past month.
When considering shares for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.
Lista de activos
Consulte la lista completaEl último
Ver todoJueves, 8 Agosto 2024
5 min
Sábado, 3 Agosto 2024
6 min
Jueves, 25 Julio 2024
6 min
Jueves, 12 Septiembre 2024
Indices
Adelanto semanal: La Reserva Federal reducirá tasas, ¿pero en cuánto?
Jueves, 5 Septiembre 2024
Indices
Adelanto semanal: Lanzamiento del iPhone 16, debate Trump-Harris, reunión del BCE