Rivian Automotive, Inc. (NASDAQ:RIVN) shares declined sharply in pre-market trading after the company announced it had commenced an underwritten public offering of 75,000,000 shares of common stock. The move reversed gains from the prior session, when shares had risen on the back of a …
• The rally coincided with a broader auto sector advance and positive sentiment tied to a euro-denominated bond issuance.
• Lucid delivered 3,953 vehicles in the second quarter, below Wall Street estimates of approximately 4,618.
• Bank of America raised its price target on Ferrari to $458 from $403.
• The gain followed last week's announcement of a manufacturing joint venture with Joby Aviation to produce electric air taxis.
• Tesla reported second-quarter production of 451,758 vehicles, exceeding Wall Street consensus estimates.
• Micron Technology and Ford announced a long-term Strategic Customer Agreement covering memory and storage supply.
• The resignation is not associated with any operational disagreements within Coty.
• Long‑term incentive plan targets $5,250,000 and includes a $2,000,000 restricted stock unit grant.
• rYojbaba Co. Ltd. (RYOJ) shares moved lower, closing near $2.65 after a decline of roughly 13.54% in the July 2, 2026 U.S. Stock Movers data.