Rivan Earnings Preview: RIVN stock caves after early Tuesday surge

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Rivian (RIVN) stock couldn’t hold onto bulls’ initial buying spree on Tuesday ahead of its quarterly earnings call after the close.

DigiTimes reports that Apple is in discussions with Rivian.

shares have melted from an 8% gain to even ahead of Q1 results. Rivian will unveil results for quarter ending in March in Tuesday's post-market. Wall Street expects $-1.16 in adjusted EPS on revenue of $1.17 billion. Rivian stock couldn’t hold onto bulls’ initial buying spree on Tuesday ahead of its quarterly earnings call after the close. Rivian stock opened more than 8% higher on Tuesday but quickly shed those price levels and is trading flat at the time of writing.

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