Tag: auto stocks
Rivian suffers losses but remains in great cash position
Rivian Automotive continues to lose billions after a year of providing ground-breaking R1T electric trucks to consumers. But, analysts say the EV startup has...
Carvana stock downgraded to market perform at Cowen & Co.
According to reports from CNBC, research analysts at Cowen & Co. downgraded Carvana from "outperform" to "market perform, based on the retailer’s significant debt...
Auto Stocks Benefiting from Rising Used-Car Values
There are many adjustments necessary to maintain operations in the midst of the COVID-19 outbreak. For most auto dealers, online, pickup and delivery options...
Is the Smoke of Falling Auto Stocks an Indication of Impending...
Auto stocks have been experiencing a downturn as of late. Last week, BMW may have only exacerbated the problem by revealing slow sales and...
