Rivian Stock Tumbles After EV Maker Cuts Delivery Forecast
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Rivian's stock has declined after the company cut its delivery forecast. The decline may also be related to a planned share sale, with reports of a $1.2 billion stock offering. The impact on Rivian's outlook is uncertain, with some reports suggesting a potential drop in sales and others discussing the company's progress and upgraded ratings.
Full coverage
12345678