Why Rivian Stock Surged Today

·2 min read

Shares of Rivian Automotive (NASDAQ: RIVN) jumped on Wednesday after the electric truck maker announced its much-awaited vehicle production and delivery figures. In Rivian's report, it said that it manufactured 4,401 electric vehicles (EVs) at its Illinois plant in the second quarter. It also delivered 4,467 electric vehicles during the period.

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