Tesla Rival Rivian's Stock Races To 6-Month High As Surprise Post-Election Rally Accelerates [Forbes]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Forbes
and bucking conventional wisdom about what President-elect Donald Trump's cold stance on electric vehicle subsidies may mean for Rivian stock. Rivian stock has been a surprise post-election winner. Getty Images Key Facts Rivian stock rose about 23% to over $16 by mid-afternoon trading, pacing toward the second-best daily percentage gain since the company went public in November 2021. The California-based automaker registered its highest intraday share price since July. The rally followed Rivian's morning report revealing slightly better fourth-quarter car delivery data than Wall Street expected. The 14,183 vehicles delivered last quarter topped consensus analyst estimates of about 13,000, according to FactSet, while Rivian's 51,579 deliveries across 2024 edged out the consensus forecast of about 51,000. Tangent Friday was a strong day for American car stocks across the board – Tesla rose 7%, reversing Thursday's 6% loss , and shares of Ford and General Motors gained
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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
- Rivian stock has its best day ever after EV maker reports 2024 production, deliveries [MSNBC.com]MSNBC.com
- 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
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