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Watch Rivian’s (RIVN) Spending Levels Aren’t Sustainable Finance News Video

12 sec read

“Shares of Rivian Automotive fell sharply on Thursday, after the company surprised investors with a plan to offer $1.5 billion in convertible notes.

“It also provided a preliminary estimate of its third-quarter revenue that was in line with Wall Street estimates.

“Shares closed down over 22% on Thursday.”

Read more a CNBC

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