Previous Close | 1.5800 |
Open | 2.3700 |
Bid | 1.7600 |
Ask | 2.2700 |
Strike | 8.00 |
Expire Date | 2024-05-03 |
Day's Range | 1.8900 - 2.3700 |
Contract Range | N/A |
Volume | |
Open Interest | 762 |
Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
Rivian Automotive (RIVN) posted a wider-than-expected loss in the first quarter. The EV maker reported an adjusted loss of $1.24 per share, which was more than the $1.15 loss analysts were expecting. Revenue of $1.20 billion was in line with expectations of $1.18 billion. Yahoo Finance's Pras Subramanian beaks down Rivian's Q1 results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
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