Rivian hits a milestone, but its stock is falling. Here’s why.

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales, but that is not enough to boost the stock.

Feb 20, 2025 - 23:57
 0
Rivian hits a milestone, but its stock is falling. Here’s why.
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales, but that is not enough to boost the stock.