Rivian (RIVN) Earnings & Stock Price Pop Post-Market

Published: May 11, 2022, 10:40 p.m.

b'Rivian (RIVN) stock price is up over 7% in the post-market session. The Rivian earnings report indicated -$1.77 in Earnings Per Share and $95M in revenue, missing the estimates. What are the Rivian truck and the Rivian R1T production numbers? "Rivian will need to have about 6,700 cars a quarter to be able to hit their target, which is why the RIVN stock price is spiking now," says Kevin Green. "I don\'t think that the Rivian stock price matters. Production numbers are important," adds George Tsilis.'