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Is Rivian Worth Half Of Ford?

By

Douglas A. McIntyre

2h agoen

Source

24/7 Wall St.Is Rivian Worth Half Of Ford?247wallst.com
Snippet from the RSS feed
Rivian’s (NASDAQ: RIVN) stock dropped 18% on news that it would issue new equity to pay off debt. The day before, it was worth half as much as Ford (NYSE: F) based on market cap. Rivian’s is $25 billion today. Ford’s is $53 billion. Rivian’s stock is down 80% since late 2021. It went public ... Is Rivian Worth Half Of Ford?

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