Rivian stock falls on $1.4B loss reported in mixed earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Akiko Fujita News

Rivian CEO RJ Scaringe,Vehicle Sales,Rivian

Shares of Rivian (RIVN) are falling after reporting mixed second quarter results. Akiko Fujita joins Wealth! to break down the EV maker's earnings and...

; the loss amounts to between $32,000 and $32,700 per vehicle. The auto company also recently formed a joint venture with Volkswagen — The pursuit team of Sam Welsford, Oliver Bleddyn, Conor Leahy and Kelland O'Brien from Australia beat Britain in a close final at the Olympic velodrome on Wednesday night to win the gold medal for the first time in two decades.

TORONTO, August 07, 2024--The CI Financial Board of Directors declares a regular quarterly dividend of $0.20 per share of CI’s common stock.Missouri Rep. Cori Bush Becomes Second House ‘Squad’ Member Defeated in 2024 Primary Elections “Love Island USA ”Winners Serena Page and Kordell Beckham Are Officially Boyfriend and Girlfriend: 'My Man'

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rivian Q2 earnings preview: Cost control, profit outlook, and VW deal in focusRivian will give investors a second quarter update on its financials as the pure-play adventure EV maker attempts to make its production processes more...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mixed after Wall Street breaks losing streakBANGKOK (AP) — Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »