Mon 04/01/2024 07:00 AM
Relevant Items:
2023 10-K
Q4 2023 Shareholder Letter
Link to Excel Download on Analysis Page
Rivian Automotive, a pure-play electric vehicle manufacturer, saw its 2029 and 2030 unsecured convertible notes trade down by about 25 points after the company disclosed fourth-quarter 2023
results on Feb. 21. The drop was likely driven in part by the company’s 2024 guidance, projecting nearly $5 billion of negative cash flow in 2024, as well as the...
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