Rivian shares surge as second-quarter EV delivers high estimates
Shares of Rivian Automotive jumped 17.4% on Monday after the electrical car maker beat Wall Avenue expectations for quarterly deliveries. Rivian on Monday reported 12,640 car deliveries in the course of the second quarter, up 59% from the earlier quarter and topping analyst expectations of 11,000 automobiles, based on estimates compiled by FactSet. The automaker, … [Read more…]