Shares of** Rivian Automotive **(RIVN 18.12%) reversed course on Tuesday after the electric vehicle (EV) manufacturer announced a sizable capital raise.
Deliveries are rising, but so are production costs
交付量在增加，但生产成本也在上升
On Thursday, Rivian announced that it delivered 12,194 vehicles in the second quarter, handily exceeding its guidance of 9,000 to 11,000 deliveries. Strong sales of the company's pickup trucks and delivery vans contributed to the outperformance.
Unsurprisingly, the news drove investors to bid up the EV maker's shares.
不出所料，这一消息推动投资者竞购这家电动汽车制造商的股票。
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NASDAQ: RIVN
Rivian Automotive
Today's Change
(-18.12%) $-3.65
Current Price
$16.49
Key Data Points
Market Cap
$25BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Yesterday, however, Rivian said it would sell 75 million shares of its stock to raise cash. The company also granted underwriters a 30-day option to purchase an additional 11.25 million shares.
Based on current prices, the share offering could raise more than $1.4 billion. Rivian plans to use the proceeds to fund its growth initiatives and equity contributions related to a loan from the U.S. Department of Energy.
Rivian's share sale reminded investors that it's still a long way from achieving sustained profitability. And even when the EV upstart performs well, as it did when it raised its full-year vehicle delivery target on July 2, the good news is often followed by stock offerings that can halt and even reverse its share price gains.
为什么 Rivian 股价今日暴跌
Shares of** Rivian Automotive **(RIVN 18.12%) reversed course on Tuesday after the electric vehicle (EV) manufacturer announced a sizable capital raise.
**Rivian Automotive（RIVN 18.12%）**的股价在周二逆转走势，此前这家电动汽车制造商宣布进行大规模资本筹集。
Image source: Getty Images.
图片来源：Getty Images。
Deliveries are rising, but so are production costs
交付量在增加，但生产成本也在上升
On Thursday, Rivian announced that it delivered 12,194 vehicles in the second quarter, handily exceeding its guidance of 9,000 to 11,000 deliveries. Strong sales of the company's pickup trucks and delivery vans contributed to the outperformance.
周四，Rivian宣布第二季度交付了12,194辆汽车，轻松超过了其9,000至11,000辆的交付指引。该公司皮卡车和送货厢式货车的强劲销售贡献了这一出色表现。
The results prompted the automaker to boost its full-year deliveries goal to 65,000 to 70,000, up from a prior forecast of 62,000 to 67,000.
这一结果促使该汽车制造商将其全年交付目标从先前预测的62,000至67,000辆提高到65,000至70,000辆。
Unsurprisingly, the news drove investors to bid up the EV maker's shares.
不出所料，这一消息推动投资者竞购这家电动汽车制造商的股票。
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展开
NASDAQ: RIVN
Rivian Automotive
Today's Change
(-18.12%) $-3.65
Current Price
$16.49
Key Data Points
Market Cap
$25BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Day's Range
$16.38 - $18.09
52wk Range
$11.57 - $22.69
Volume
91.2M
Avg Vol
30.8M
Gross Margin
-441.39%
NASDAQ: RIVN
Rivian Automotive
今日变动
(-18.12%) $-3.65
当前价格
$16.49
关键数据点
市值
市值仅使用公开交易的流通股计算。不包括未上市、私募或双重类别的非交易股票。隐含市值可能有所不同。市值仅使用公开交易的流通股计算。不包括未上市、私募或双重类别的非交易股票。隐含市值可能有所不同。
日范围
$16.38 - $18.09
52周范围
$11.57 - $22.69
成交量
9120万
平均成交量
3080万
毛利率
-441.39%
Yesterday, however, Rivian said it would sell 75 million shares of its stock to raise cash. The company also granted underwriters a 30-day option to purchase an additional 11.25 million shares.
然而，昨日Rivian表示将出售7500万股股票以筹集现金。该公司还授予承销商30天期权，可额外购买1125万股。
Based on current prices, the share offering could raise more than $1.4 billion. Rivian plans to use the proceeds to fund its growth initiatives and equity contributions related to a loan from the U.S. Department of Energy.
按当前价格计算，此次股票发行可能筹集超过14亿美元。Rivian计划将所得资金用于其增长计划以及与能源部贷款相关的股权出资。
Disdain for dilution drove investors to sell
对稀释的厌恶促使投资者抛售
Rivian's share sale reminded investors that it's still a long way from achieving sustained profitability. And even when the EV upstart performs well, as it did when it raised its full-year vehicle delivery target on July 2, the good news is often followed by stock offerings that can halt and even reverse its share price gains.
Rivian的股票出售提醒投资者，该公司距离实现持续盈利还有很长的路要走。即使这家电动汽车新贵表现良好，就像它在7月2日提高全年车辆交付目标时那样，好消息之后往往伴随着股票发行，这可能会阻止甚至逆转其股价涨幅。
That can be frustrating for all but the most patient investors. Many shareholders, in turn, decided to sell today.
这对除了最有耐心的投资者之外的所有人来说都是令人沮丧的。许多股东于是决定今天抛售。