Rivian (RIVN) was upgraded at UBS. The analyst sees a reduced profitability of an additional capital raise over the next year with capital likely not needed until the end of 2025. They are forecasting 2023 production of roughly 54.5K versus guidance of 52K. Caroline Woods discusses this move in RIVN. Kevin Green then looks at the 10-year seasonality volatility index (VIX). He discusses technical trends that investors should be watching. Tune in to find out more about the stock market today.
Market On Close
10 Oct 2023
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