Rivian Posted a Huge Loss. Here’s What’s Really Bugging Investors.

2 years ago 410

Updated Dec. 16, 2021 5:40 p.m. ET / Original Dec. 16, 2021 1:32 p.m. ET

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Rivian Automotive banal fell aft the electric-truck start-up reported its archetypal quarterly net study arsenic a nationalist company. Earnings were inconsequential. Something other is bothering investors: They privation much accumulation from the fledgling company.

Rivian (ticker: RIVN) banal was down astir 2.8% successful after-hours trading to $105.80. Shares ended the regular league down 5.3% to $108.87. Other Electric-vehicle stocks struggled connected Thursday arsenic well. Shares of EV pioneer Tesla (TSLA) fell 5% portion the S&P 500 dropped 0.9% and...


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