Rivian Automotive Inc Class A

RIVN: XNAS (USA)
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Rivian Earnings: Shares Fall on Delay in Positive Free Cash Flow; Maintaining Valuation

Rivian generated positive gross profits during the first quarter as the company prepared to begin mass manufacturing its new lower-cost vehicle. Rivian shares were down 4% in after-hours trading as the market reacted to management's outlook for negative free cash flow in the coming years.

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