Rivian Earnings Are Coming. Investors are Nervous.

7 months ago 167
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Rivian Automotive banal was falling up of the electrical motortruck startup’s archetypal quarterly earning report, owed Thursday afternoon. The driblet hints that investors anxious astir what the recently nationalist institution tin deliver.

Shares of Rivian (ticker: RIVN) were down 5.4%, to $108.80, successful midday trading. EV pioneer Tesla (TSLA) was disconnected arsenic well–3.5, to $941.50. The S&P 500 was down 0.5%. The Dow Jones Industrial Average was up 0.3%.

Rivian’s...

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