Rivian rises after Q2 revenue beats estimates
30/07/2026 22:40
BUZZ-Rivian rises after Q2 revenue beats estimates ** EV maker Rivian's RIVN.O shares rise 1.8% to $17.14 in extended trading
** Co's Q2 revenue rises 27% to $1.66 billion vs. analysts' avg. estimate of $1.51 billion - data compiled by LSEG
** Reports adjusted loss of 46 cents per share vs. estimates of a 63-cent per share loss
** Co now expects to deliver 65,000-70,000 vehicles in 2026, up from prior expectation of 62,000-67,000
** As of Thursday's close, stock has fallen 14.6% YTD
(Reporting by Anhata Rooprai in Bengaluru)