Rivian Automotive designs, develops, and manufactures electric vehicles and accessories. Co. is engaged in the research and development activities related to vehicle development and its related technologies. Co. sells them directly to customers in the consumer and commercial markets. In the consumer market, Co. launched the R1 platform with its first generation of consumer vehicle, the R1T, a two-row five-passenger pickup truck. Complementing Co.'s consumer vehicles, its suite of services includes digitally enabled financing, telematics-based insurance, vehicle service (maintenance and repair), membership and software services, charging solutions, and a data-driven vehicle resale program. We show 4 historical shares outstanding datapoints in our coverage of RIVN's shares outstanding history.
Understanding the changing numbers of RIVN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RIVN versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RIVN by allowing them to research RIVN shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
