Rivian stock has its best day ever after EV maker reports 2024 production, deliveries [MSNBC.com]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: MSNBC.com
Key PointsIn this articleRivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California.Mario Tama | Getty ImagesRivian AutomotiveRivian stock closed Friday at $16.49 per share, up 24.5% during the session. That is the largest daily percentage increase for the stock since the EV maker went public in November 2021, according to FactSet. The prior record was 23.2%, set in June.on Friday saidThe automaker's fourth-quarter deliveries topped estimates of 13,472, according to 15 analysts polled by Visible Alpha, according toReutersRivian in Octoberlowered its 2024 production targetThe company in October said the adjusted target was because of a "production disruption due to a shortage of a shared component" for its current vehicles — the R1T pickup, R1S SUV and a commercial delivery van.The company on Friday said the previously discussed shortage "is no longer a constraint on Rivian's production."Rivian's stock declined 43% last year as theRivia
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RIVN
News
- These Stocks Moved the Most Today: Tesla, U.S. Steel, Rivian, Nvidia, Carvana, Vistra, BUD, and More [Yahoo! Finance]Yahoo! Finance
- Why Polestar Stock Rocked the Market Today [Yahoo! Finance]Yahoo! Finance
- Scout Motors EVs will have satellite connectivity [TechCrunch]TechCrunch
- Ford, GM sales rise by 4% each in 2024, fueled by trucks and EVs [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tesla Rival Rivian's Stock Races To 6-Month High As Surprise Post-Election Rally Accelerates [Forbes]Forbes
RIVN
Earnings
- 11/7/24 - Beat
RIVN
Sec Filings
- 1/3/25 - Form 8-K
- 12/26/24 - Form 4
- 12/23/24 - Form 144
- RIVN's page on the SEC website