Rivian bond offering, GM air bag report, Lamb Weston earnings: Trending tickers

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Rivian Automotive, General Motors, and Lamb Weston Holdings are among the top trending tickers on Yahoo Finance Live. Rivian's (RIVN) stock fell sharply after announcing a $1.5 billion convertible bond offering. The Wall Street Journal is reporting that at least 20 million General Motors (GM) vehicles have air bags with a potentially dangerous part that the government says should be recalled. Shares of Lamb Weston Holdings (LW) jumped after the frozen potato products company reported first quarter results that topped analyst estimates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) vehicles have air bags with a potentially dangerous part that the government says should be recalled. Shares of Lamb Weston Holdings -- Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.

Real Estate: Asking Prices Plummet as Mortgage Rates Hit 20-Year High – Is It Time to Buy, Sell or Stay Put? The real estate market, always a dynamic and ever-shifting landscape, has recently witnessed a notable twist. As mortgage rates soar to unseen levels in two decades, home sellers reevaluate their... -- Rivian Automotive Inc. sank after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt and reported preliminary third-quarter revenue.

 

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Mortgage rates rise, Rivian stock slumps on plans to raise $1.5 billion: Yahoo Finance LiveThe average 30-year mortgage rate has risen to 7.49%, according to Freddie Mac. We’ll be discussing the rise in rates with Redfin CEO Glenn Kelman (RDFN) at 3:35 p.m. ET. Meanwhile, Rivian (RIVN) shares are being pummeled after the EV maker announced plans to raise $1.5 billion through a convertible note offering. Other trending tickers on Yahoo Finance include Coca-Cola (KO), BlackBerry (BB), and Lucid Group (LCID).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - John Stoltzfus, Oppenheimer Asset Management Managing Director and Chief Investment Strategist3:25 p.m. ET - Scott Devitt, Wedbush Securities Analyst3:35 p.m. ET - Glenn Kelman, Redfin CEO4:05 p.m. ET - Joseph Wang, Monetary Macro CIO4:20 p.m. ET - Karin Kimbroug, LinkedIn Chief Economist
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