Rivian stock falls 18% as company sells 75 million shares to raise capital
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Summary
The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.
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I’m worried memory could become a funding short like Nvidia — where the company keeps making new all-time highs in fundamentals, but the stock just moves sideways.
— Jukan @ ICML (@jukan05) July 7, 2026
Could memory end up following the same path Nvidia did?