Rivian Automotive (RIVN) Stock: Why It Slightly Fell Today

By Amit Chowdhry ● Aug 12, 2022
  • The stock price of Rivian Automotive (RIVN) fell by over 1.3% pre-market today. This is why.

The stock price of Rivian Automotive (RIVN) fell by over 1.3% pre-market today. Investors are responding to the company’s second-quarter results.

Rivian Automotive reported a Q2 EPS of ($1.62), which was $0.01 higher than analyst estimates of ($1.63). And the revenue for the quarter was $364 million compared to the consensus estimate of $335.38 million.