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Benzinga

Benzinga

Rivian's Production Forecast Hits Bump, Supply Shortage Sends Shares Tumbling

Benzinga
Summary
Nutrition label

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 .

VR Score

59

Informative language

53

Neutral language

3

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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