Feb 22, 05:48 PM
Rivian reported Q4 earnings with revenue of $1.35B, exceeding estimates, and a net loss of $606M. The stock hit an all-time low, down -25.7% in a day and -93.6% from its peak in 2021, with a market cap now at $10.9B.
Written with ChatGPT (GPT-3).
Sources
Electrek.co
Rivian (RIVN) stock hits all-time low after double analyst downgrade, job cuts https://t.co/ZDI0OBwFif by @EVPeteJohnson
Evan Rivian $RIVN is currently trading at new 52 WEEK LOWS https://t.co/fjNqVvqvMo
Sawyer Merritt Rivian stock hit an all-time low today after yesterday's earnings results, and is down -25.7% on the day. Overall, the stock is now down -93.6% from its all-time high in Nov 2021. It's market cap is now $10.9B, down from $150B in 2021. https://t.co/vBpJW0Jzlp
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