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Tag: Automotive

Why Polestar Automotive Stock Crashed This Week

Polestar Automotive (NASDAQ: PSNY) stock got crushed over the last week of trading. The company’s share price ended this week’s session down 37.1% from last Friday’s market close, according to data from S&P Global Market Intelligence. Polestar confirmed on May 23 that it was postponing the release of its first-quarter earnings report due to ongoing […]

Institute for Deaf and Blind adding automotive manufacturing course

The Alabama Institute for Deaf and Blind is adding an automotive manufacturing program. The institute is partnering with East AlabamaWorks to offer the program, according to a news release. The program is for K-12 and adult students, ages 16 and older, within Alabama School for the Blind, Alabama School for the Deaf, the Helen Keller […]

Why Rivian Automotive Stock Popped, Then Dropped

Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!) Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!) Why did Rivian stock rise and then fall back again? The answer is just […]

Why Rivian Automotive Stock Pushed Higher Today

Rivian Automotive (NASDAQ: RIVN) stock jumped as much as nearly 5% early Thursday. The stock move slid to a gain of just 2.7% as of 10:55 a.m. ET. But the sentiment may be a response to some frustration with another electric vehicle (EV) company. The move comes after Rivian recently updated plans for its charging […]

Rivian Automotive vs. Nikola Corporation

Rivian (NASDAQ: RIVN) and Nikola (NASDAQ: NKLA) were once two of the market’s hottest electric vehicle stocks. Rivian went public in Nov. 2021, and it soared from its IPO price of $78 to a record high of $172.01 a week later. Nikola went public by merging with a special purpose acquisition company (SPAC) in June […]