Rivian Automotive Inc Class A
RIVN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qx | LOCK|$V? | LOCK|s&w@s$ |
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.
