Arrival (ARVL)

Shares of Arrival Vault USA (ARVL) dropped by 12.84% from $1.48 to $1.29 in the trading on Tuesday, November 21, 2023. The reason why ARVL is down today is due to broader market trends, particularly in the artificial intelligence (AI) sector. OpenAI faced internal challenges as hundreds of staff members threatened to resign, raising concerns about the impact on companies like Microsoft. The AI sector, which had driven market growth earlier in the year, faced headwinds due to rising Treasury yields this summer. Nvidia's earnings report also played a role, indicating continued strong investments in AI. Stock indices, including the S&P 500 and Nasdaq, closed lower, while retail and cryptocurrency markets showed mixed results. Fed meeting minutes highlighted a desire for more inflation data before considering rate changes, and Treasury yields remained steady.

Shares of Arrival Vault USA (ARVL) dropped by 14.16% from $7.095 to $6.09 in the trading on Tuesday, April 11, 2023. The reason why ARVL is down today is due to the company's announcement regarding a reverse stock split of its ordinary shares. Shareholders had previously approved this move at an extraordinary general meeting held on April 6, 2023. The Board of Directors decided to implement a 1-for-50 reverse stock split with the aim of meeting the minimum bid requirement of $1.00 per ordinary share to maintain its listing on The Nasdaq Global Select Market. The reverse stock split will take effect on April 14, 2023, and the company's shares will trade on a split-adjusted basis under the symbol "ARVL" with a new CUSIP number.

Shares of Arrival Vault USA (ARVL) dropped by 5.05% from $14.65 to $13.91 in the trading on Monday, February 27, 2023. The reason why ARVL is down today is due to news of a major share sale by investor Antara Capital Master Fund. Antara plans to sell up to 250 million Arrival shares, matching the stock position it initially acquired from Arrival. Arrival won't receive proceeds from this sale but will cover related expenses. The potential increase in available shares may impact the stock's performance, warranting caution for investors.