Rivian beats third-quarter consensus, but RIVN stock gives up early post-market gain

Rivian beats consensus for Q3 on adjusted losses and revenue. EV company raises full-year guidance for production to 54,000 vehicles. Exclusivity deal with Amazon for EV vans is being shelved in favor of a wider customer base. Rivian reported third-quarter results that largely overcamedour Wall Street expectations late Tuesday. The RIVN stock price, however, quickly gave up on a robust post-market rally with shares gaining 5% initially before scaling back to a 1% gain.

-hour chart

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Another top Wall Street strategist says last week's spectacular stock-market rally will soon fizzle.Joseph Adinolfi is a markets reporter at MarketWatch.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »