Experience the future with Rivian electric vehicles (EV) showcased at the Rivian Venice Hub in Venice, California on November 13, 2024.
Capture the moment with Mario Tama | Getty Images
Rivian Automotive saw a surge in its stock value following the announcement of its successful 2024 production and delivery numbers, meeting expectations set earlier.
At the end of Friday’s trading session, Rivian stock closed at $16.49 per share, marking a remarkable 24.5% increase for the day. This spike represents the largest daily percentage gain since Rivian’s IPO back in November 2021, as reported by FactSet. The previous record stood at 23.2%, achieved in June.
In an official statement on Friday, Rivian disclosed that it manufactured a total of 49,476 vehicles throughout 2024, including an impressive count of 12,727 trucks and vans during Q4 alone. Moreover, they successfully delivered a total of 51,579 vehicles during the same period…
2025-01-03 16:42:49
Link from www.cnbc.com