Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Rivian Stock Plunged Today

TheMotleyFool

0 0

Why Rivian Stock Plunged Today: https://g.foolcdn.com/editorial/images/877913/investor-gettyimages-1151342851.jpg

Shares of Rivian Automotive (NASDAQ: RIVN) reversed course on Tuesday after the electric vehicle (EV) manufacturer announced a sizable capital raise.

Image source: Getty Images.

On Thursday, Rivian announced that it delivered 12,194 vehicles in the second quarter, handily exceeding its guidance of 9,000 to 11,000 deliveries. Strong sales of the company's pickup trucks and delivery vans contributed to the outperformance.

Source Fool.com

Like: 0

RIVN

Share