Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling. - Barron's
reported a wider-than-expected quarterly loss, but more importantly maintained its production estimates for the full year.
Rivian (ticker: RIVN) reported an adjusted per-share loss of about $1.62 from $364 million in sales for the second quarter.Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more importantly maintained its production estimates for the full year.