“Rivian stock falls 18% as company sells 75 million shares to raise capital”
July 28, 2026
“Rivian stock dropped 18% during midday trading after the electric vehicle maker announced a capital raise.
Based on Monday’s close, the company would raise roughly $1.51 billion with the offering.
Rivian also pre-released some second-quarter results and said it expected revenue to be between $1.55 billion and $1.65 billion during the period….”
https://www.cnbc.com/2026/07/07/rivian-stock-rivn-capital-raise.html