Are they still holding Rivian as the share price has virtually halved since Dec 31 so if they marked to market on that day they could be reporting a 6 billion loss in the next quarter.
The jobs report spooked the market.
The wild swings are typical of a bear market rally as Affirm and Block were selling off heavily till market reversed and shorts were squeezed.
The difference with Zip is everyone knows they are running out of money and will either go bust of have to raise at least 50 percent discount so rallies are short lived as no one wants to buy and hold for fear of a trading halt and announcements of low ball capital raises.
Are they still holding Rivian as the share price has virtually...
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 (20min delay)
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Last
$1.29 |
Change
-0.020(1.53%) |
Mkt cap ! $1.449B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.33 | $1.29 | $7.003M | 5.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 111737 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
-0.020 ( 1.57 %) |
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| Open | High | Low | Volume | ||
| $1.33 | $1.33 | $1.29 | 1519993 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| ZIP (ASX) Chart |