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Electric adventure-vehicle maker Rivian reported third quarter results that beat expectations, in addition to upping its production forecast for the year, and narrowing its full-year loss ...
Rivian stock slipped 5% in early trade, but shares rallied late in the trading session and finished flat for the day.
Rivian ( RIVN) stock tanked to a record low after the electric adventure vehicle maker reported mixed fourth quarter results and a production and profit forecast that missed Wall Street ...
Rivian marked the most significant capital raise of any U.S. company since Facebook's public debut in 2012. Unfortunately, the shareholder returns haven't been as sweet.
Rivian's stock price recovered significantly through the first half of 2023, reaching a period high of $28.06 on July 27, 2023. However, momentum has subsequently reversed with a $1.5bn convertible green note received poorly by the financial markets, [151] causing the share price to decline to a daily low of $15.88 on October 26, 2023.
The automaker reported third quarter results that beat expectations last month, and boosted its full-year production forecast to 54,000 from 52,000 units. Its prior forecast of 52,000 units was ...
The company said its new production forecast for 2023 will be 50,000 vehicles, below analyst estimates of around 63,000 units. Rivian is also projecting a 2023 adjusted EBITDA loss of $4.3 billion ...
EV-maker Rivian delivered some much needed positive news today to investors, announcing that Q1 deliveries that topped estimates for the quarter, and its production forecast is still on track.