Rivian stock falls nearly 15% as company sells 75 million shares to raise capital

Rivian stock falls nearly 15% as company sells 75 million shares to raise capital

A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock plunged nearly 15% during midday trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian shares rose 8.1%…

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‘Yugly’ Sells Wide Ahead of Annecy World Premiere, as nWave Team Enthuses at Quirky Characters, European CG With Heart (EXCLUSIVE)

‘Yugly’ Sells Wide Ahead of Annecy World Premiere, as nWave Team Enthuses at Quirky Characters, European CG With Heart (EXCLUSIVE)

For the third year in a row, the nWave team boarded the Eurostar from Brussels to its now well-established annual Annecy Animation Festival journey. And this year, they’re bringing man’s best friend. Opening the non-competitive section Annecy Presents, the latest nWave title “Yugly” makes its world premiere today at the Bonlieu, the festival’s main venue….

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