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Posted by
Two Blokes Jun 11 -
Filed in
Stock
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7 views
Rivian's stock has seen a bearish sentiment in the last few weeks, but the long-term fundamentals continue to improve. The recent earnings showed an increase in revenue in the Software and Services segment to $318 million from $88 million a year-ago. The gross margin has also improved to 17% from negative 44 percent a year ago despite a stagnant YoY revenue number.
