WS #11559
Rivian announces 75 million share offering, sending stock down 9% after hours, despite Q2 revenue guidance of $1.55-1.65B above estimates. Toyota invests $3.6B to move Tacoma production from Mexico to San Antonio, Texas, citing Trump tariff policy.
Rivian Stock Offering and Q2 Revenue Guidance
Rivian announces 75 million share offering, sending stock down 9% after hours, despite Q2 revenue guidance of $1.55-1.65B above estimates.
Toyota invests $3.6B to move Tacoma production from Mexico to San Antonio, Texas, citing Trump tariff policy.