Rivian Releases First Quarter 2024 Financial Results [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
During Q1 2024 R1S was best-selling EV in the US above $70,000 IRVINE, Calif., May 07, 2024 BUSINESS WIRE )--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its first quarter 2024 financial results. As previously announced, the company produced 13,980 vehicles and delivered 13,588, exceeding its outlook with a respective 49 percent and 71 percent increase over the same period last year. During the first quarter of 2024, Rivian unveiled its new midsize platform which underpins R2, R3, and R3X. Rivian also had announced its intention to begin R2 production at its facility in Normal, Illinois. This is expected to enable start of production for R2 in the first half of 2026 and save over $2.25 billion, as compared to the original forecast of launching R2 production at Rivian's Georgia site. Last week, the company announced an incentive package of up to $827 million from the State of Illinois to expand the plant, improve public infrastructure, and to create training programs f
Show less
Read more
Impact Snapshot
Event Time:
RIVN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RIVN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RIVN alerts
High impacting Rivian Automotive, Inc. news events
Weekly update
A roundup of the hottest topics
RIVN
News
- Rivian Automotive, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 18, 2024 to Discuss Your Rights – RIVNGlobeNewswire
- Contact Levi & Korsinsky by June 18, 2024 Deadline to Join Class Action Against Rivian Automotive, Inc.(RIVN)Accesswire
- INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Rivian Automotive, Inc. with Losses to Contact the FirmGlobeNewswire
- June 18, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RIVNAccesswire
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Encourages Investors in Rivian Automotive, Inc. with Losses In Excess of $250,000 to Contact the FirmAccesswire
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- RIVN's page on the SEC website