Why Polestar Stock Rocked the Market Today [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
That player wasn't Polestar (NASDAQ: PSNY) . Nevertheless, the somewhat under-the-radar EV maker benefited by association. Its shares closed the day nearly 11% higher in price, easily trouncing the 1.3% increase of the S&P 500 index. Motoring ahead The manufacturer with the happy news was Polestar peer Rivian (NASDAQ: RIVN) . On Friday, the pickup truck and SUV specialist released its production and delivery figures for both the fourth quarter of 2024 and the entirety of that year. Happily, the quarterly numbers were ahead of the consensus analyst estimates for both metrics. Perhaps more encouragingly for investors and electric vehicle advocates, Rivian added that a component shortage hampering the production of certain models had been surmounted. These statistics come at a time of some anxiety for EV investors. Although such vehicles remain popular, sales growth for the industry isn't what it used to be, causing some to worry that their time might be passing. A double beat on
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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
- 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
- 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