Rivian Reaffirms 2024 Guidance For Vehicles Produced, Adj. EBITDA
Portfolio Pulse from Benzinga Newsdesk
Rivian Automotive, Inc. reaffirmed its full-year 2024 guidance for vehicle production and adjusted EBITDA during its Investor Day event. The company will announce its Q2 2024 vehicle production and deliveries on July 2, 2024. Additionally, Rivian provided updates on its strategic plan and financial targets.
June 27, 2024 | 12:43 pm
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Rivian Automotive reaffirmed its full-year 2024 guidance for vehicle production and adjusted EBITDA, and provided updates on its strategic plan and financial targets during its Investor Day event.
Reaffirming guidance and providing strategic updates are positive signals for investors, indicating confidence in meeting targets and potential growth. This is likely to have a positive short-term impact on Rivian's stock price.
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