Shares of Rivian Automotive Inc. rose nearly 6% in the aftermarket Tuesday after the electric-vehicle maker reported a narrower loss for the quarter and kept intact its guidance for the year.
Rivian RIVN lost $1.35 billion, or $1.45 a share, in the first quarter, compared with a loss of $1.6 billion, or $1.77 a share, in the year-ago period. Adjusted for one-time items, Rivian lost $1.25 a share.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Group 1 Automotive is buying dealerships in Houston and Corpus ChristiThe Houston-based retailer is expanding its Texas business by buying two more dealerships...
Source: HoustonChron - 🏆 609. / 51 Read more »