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Rivian Automotive

Why Rivian shares fell on Friday and why investors shouldn’t panic

Rivian Automobiles (NASDAQ: RIVN) Shares fell on Friday afternoon after the company made a surprise announcement. While the focus on the electric vehicle (EV) maker recently has been largely on the unveiling of its next-generation SUV, today’s news revolved around…

Rivian shares fall, but electric vehicle (EV) maker remains on track to post gross profit in fourth quarter

Shares of Rivian Automobiles (NASDAQ: RIVN) fell 7% in after-hours trading on Tuesday after the pure-play electric vehicle (EV) maker released its second-quarter 2024 report. There was no clear, Rivian-specific trigger for the decline. The company’s revenue and profit beat…