Rivian (RIVN) shares are popping today, a small respite for the electric adventure vehicle maker’s investors, following the release of its first quarter financial results.
Although the company reported a revenue miss for the quarter ($95 million vs $131.2 million expected), it did post a narrower EPS loss than the Street was expecting on an adjusted basis ($1.43 loss vs 1.45 loss expected).
While Rivian reaffirmed its production forecast of 25,000 vehicles for the year, reported over 90,000…
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