Posted 10/9/2023, 9:45:21 PM
Rivian Stock Falls Despite Market Gains As Investors Await Q3 Earnings
- Rivian Automotive (RIVN) stock fell 0.74% amid market uptick on recent trading day
- RIVN underperformed S&P 500, Dow, and Nasdaq which all saw gains
- RIVN shares down 18.1% over past month compared to sector's 0.34% loss
- Investors awaiting Rivian's Q3 earnings report on November 7
- Consensus estimates call for EPS of -$1.39, up 11.46% year-over-year
- Revenue estimate of $1.31 billion, up 144.69% from last year