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Benzinga
Benzinga
Business
Wayne Duggan

4 Rivian Analysts On Sales Growth, Widening Losses: Is EV Maker Back On Track After 'Horror Show' IPO?

Rivian RIVN Nasdaq Rivian Automotive Inc Adam Jonas Daniel Ives John Murphy Bank of America DA Davidson Morgan Stanley

Rivian Automotive Inc (NASDAQ:RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.

On Thursday, Rivian reported a second-quarter adjusted EPS loss of $1.62, slightly better than the $1.63 loss analysts anticipated.

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