Rivian Shares Drop as EV Maker Announces Stock Offering

Rivian Automotive (NASDAQ: RIVN) shares fell approximately 14% on Tuesday, marking their largest single-day decline since November 2024. The drop followed the company's announcement of a stock offering involving up to 75 million common shares.

By Pratyush Thakur, SA News Editor · Seeking Alpha · July 7, 2026, 14:05 UTC

Rivian Shares Drop as EV Maker Announces Stock Offering

Tickers: $RIVN

Topics: common stock offering Rivian stock decline

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