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MarketBeat
Business
Nathan Reiff

EXPLAINED: Rivians 75 million share offering turns the r2 growth story into a dilution test | Vintage Vibes

Rivian Automotive Inc. (NASDAQ: RIVN) likely hoped to complete its recent offering of 75 million Class A shares with as little fanfare as possible, but the market had other plans.

RIVN shares saw a sharp negative reaction in the days following the company's initial July 6 announcement, a signal that investors have little patience for the capital-intensive demands of EV businesses seeking to continue growing.

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