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Rivian Reports Better-Than-Expected Results. The Stock Is Up.

By: Medfoce

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Rivian Announces More Favorable Results Than Anticipated. Shares Decline.

Revised Nov 08, 2023, 1:14 pm EST / Initially Nov 07, 2023, 1:00 am EST

Rivian Automotive unveiled a narrower loss than analysts predicted and lifted its yearly production outlook. That’s quite impressive, given the current sentiment surrounding electric vehicles among investors.

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