Rivian Lowers Production Guidance
This is a news story, published by Yahoo Finance, that relates primarily to Rivian Automotive, Inc. news.
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RIVN stockBenzinga
•Rivian's Production Forecast Hits Bump, Supply Shortage Sends Shares Tumbling
71% Informative
Electric vehicle manufacturer Rivian Automotive, Inc. ( NASDAQ :RIVN) shares are trading lower after the company lowered its annual production guidance.
The company is experiencing a supply shortage of shared components on the R1 and RCV platforms.
RIVN stock has lost over 54% in the past year .
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