cryptoRivian Stock Is Climbing After Confirming 2022 Production Guidance

Rivian Stock Is Climbing After Confirming 2022 Production Guidance

Shares in electrical truck maker

Rivian


Automotive had been rising Tuesday after the corporate backed its manufacturing steering for the 12 months, regardless of deliveries undershooting consensus expectations. 

Rivian


(ticker:RIVN) mentioned late Monday that it produced 7,368 automobiles at its manufacturing web site in Illinois within the third quarter and delivered 6,584 automobiles. Consensus expectations had been for deliveries of round 7,000 automobiles, in accordance with a word from RBC Capital Markets.

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