Why Rivian Stock Popped Today
The automotive tech provider was one of the few beneficiaries of higher gas prices.
Overview
Shares of Rivian Automotive (NASDAQ: RIVN) jumped on Thursday after the automaker boosted its full-year vehicle delivery target.
Image source: The Motley Fool.
Rivian produced 12,613 vehicles and delivered 12,194 in the quarter ended June 30. That was well above the company's forecast of 9,000 to 11,000 vehicle deliveries.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.