Shares of Rivian Automotive plummeted by as much as 8.9% during intraday trading on Friday after the electric vehicle (EV) ...
EV production forecast due to parts shortage and lower demand. Company now expects to produce 47,000–49,000 units, down from ...
Rivian cut its 2024 production targets. It said parts shortages was the reason. It hardly matters. It is in big trouble.
Friday’s report capped a week of mostly encouraging data on the job market, including an update indicating layoffs remain ...
A report says Spirit Airlines has been exploring a bankruptcy filing, Palantir stock is headed for another all-time closing ...
Rivian Automotive Inc. has applied for a federal loan to fund construction of a new electric vehicle plant in Georgia, a ...
Rivian revises its 2024 production guidance midpoint to 48,000 vehicles, down from prior guidance of 57,000 vehicles.
Among the stock moving lower was Rocket Industries ( RKT). Shares of Rocket Industries suffered a decline of 3.1%. Investors sold the shares based on an outlook that the demand for mortgage ...
Electric vehicle maker Rivian cut its production targets this week amid an ongoing supply shortage, causing its stock to drop ...
Rivian Automotive Inc. shares tumbled after the automaker cut its annual production target, citing a worsening supply crunch ...
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 9.4% in the morning session after the company cut its ...