Reported 3 days ago
Rivian's stock surged by as much as 24% after reporting nearly 14,200 EV deliveries in the fourth quarter, surpassing Wall Street's expectations and bringing total annual sales to about 51,580 vehicles. Despite a tough 2024 and significant operational challenges, analysts view this performance as a positive sign, with predictions for the stock price varying between $8 and $16 over the next year. Rivian plans to release its full fourth quarter results on February 20.
Source: YAHOO