Business

Rivian Raises Capital Through Share Sale

Updated 2026-07-07 12:40 UTC 1 source Negative

Rivian stock fell by 10% after the company sold 75 million shares to raise capital. The sale occurred during extended hours trading following a week of significant share price increases.

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CNBC

Rivian stock falls 10% as company sells 75 million shares to raise capital

The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.

2026-07-07 12:34 UTC