Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

Oct 7, 2024 · Shares of Rivian Automotive, Inc. RIVN fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its 2024 production guidance. The …

3%
OFF

Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

2 weeks from now

Oct 7, 2024 · Shares of Rivian Automotive, Inc. RIVN fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its 2024 production guidance. The …

yahoo.com

3%
OFF

Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

2 weeks from now

Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its 2024 production guidance.The …

newmediareport.org

8%
OFF

Rivian Shares Fall After EV Maker Slashes Production Forecast, …

2 weeks from now

Oct 5, 2024 · Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had …

cashreview.com

$1.52
OFF

Rivian's Stock Tanks After EV Maker Expects Flat Production For The ...

2 weeks from now

Feb 21, 2024 · Rivian lost $1.52 billion, or $1.58 a share, in the fourth quarter, compared with a loss of $1.72 billion, or $1.87 a share, in the same period last year. Revenue rose to $1.3 …

morningstar.com

7%
OFF

Rivian Stock Drops After It Cuts Production Guidance - The Wall …

2 weeks from now

Oct 4, 2024 · Shares of Rivian fell after the electric-truck maker cut its production guidance for the year due to a component shortage. The stock recently stood about 7% lower. Shares had …

wsj.com

3%
OFF

Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

2 weeks from now

Oct 7, 2024 · News Summary: Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its …

beamstart.com

43%
OFF

Rivian Deliveries Beat Views With Component Shortage Finally …

2 weeks from now

Jan 3, 2025 · RIVN stock rose after rallying to end 2024. ... Rivian previously forecast 2024 production of 47,000 to 49,000 units. ... RIVN shares fell 43% in 2024. However, the stock …

investors.com

3%
OFF

Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

2 weeks from now

Oct 7, 2024 · Shares of Rivian Automotive, Inc. RIVN fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its 2024 production guidance. The …

tradingview.com

20%
OFF

Rivian Automotive Surpasses Fourth-Quarter Delivery Estimates, …

2 weeks from now

Jan 6, 2025 · Full-year production reached 49,476 vehicles, with 51,579 deliveries. ... With 14,183 vehicles shipped in the fourth quarter of 2024, Rivian ... Rivian's shares surged over 20% and …

yahoo.com

3%
OFF

Rivian Shares Fall 3% After It Slashes 2024 Production Guidance

2 weeks from now

Shares of Rivian Automotive, Inc. (RIVN) fell 3.2% to $10.44 after it announced third-quarter 2024 production and delivery results and lowered its 2024 production guidance. The electric vehicle …

reportify.cc

FAQs about Rivian Shares Fall 3% After It Slashes 2024 Production Guidance Coupon?

How many vehicles will Rivian make in 2024?

As a result, Rivian cut its 2024 production guidance to between 47,000 and 49,000 vehicles. The company was previously expected to make about 57,000 vehicles this year. However, Rivian still expects to deliver 50,500 to 52,000 vehicles this year, marking "low single-digit growth" from the 50,122 vehicles the company delivered in 2023. ...

How many EVS did Rivian produce in Q3?

With another 13,157 vehicles built in Q3, Rivian’s production total reached 36,749 through September. Rivian did, however, reaffirm delivery guidance for the year. The EV maker expects slight growth from the 50,122 vehicles delivered last year and plans to deliver between 50,500 and 52,000 EVs in 2024. ...

How many EVS will Rivian deliver in the third quarter?

Analyst estimates compiled by FactSet expected deliveries of 13,000 vehicles during the third quarter. Shares of Rivian are down by more than 50% in 2024, as EV demand has been slower than expected and the company has burned through a significant amount of cash. ...

How many cars will Rivian build in Q3?

After a supply shortage began in Q3, Rivian cut production plans for the year. It now expects to build between 47,000 and 49,000 vehicles this year, down from its previous 57,000 target. With another 13,157 vehicles built in Q3, Rivian’s production total reached 36,749 through September. Rivian did, however, reaffirm delivery guidance for the year. ...

Will a third-party supplier issue surprise investors?

Meanwhile, Truist explained that while the company had previously discussed the supplier issue associated with a third-party component in the company's in-house Enduro motors, "the magnitude of the impact is likely to surprise investors." ...