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Posted 9/15/2023, 9:45:19 PM

Rivian Stock Rises Ahead of Earnings Despite Market Losses

Rivian Automotive (RIVN) stock gained despite broader market losses as investors look ahead to upcoming earnings.
RIVN earnings projected to show year-over-year growth in earnings per share and revenue.
Recent estimate revisions indicate analyst optimism about Rivian's business outlook.
RIVN currently has a Zacks Rank of #3 (Hold).
The Automotive - Domestic industry ranks in the top 35% of Zacks Industries.

yahoo.com

Relevant topic timeline:

9/5/2023

Oracle Stock Boosted By New Upgrade Citing AI Potential

Oracle stock closed trading Tuesday up 2.5% after an analyst upgraded the company's stock, citing its cloud business growth and potential as an artificial intelligence leader.

9/12/2023

Nikola Stock Rises Despite Broader Losses as Analysts Grow More Optimistic Ahead of Earnings

Nikola (NKLA) closed the most recent trading day at $0.91, moving +0.72% from the previous trading session, outperforming the S&P 500, but still facing a decline in shares of 50.17% over the past month, as investors await the company's next earnings release.

9/18/2023

Carvana Stock Drops Despite Analyst Optimism Ahead of Earnings Release

Carvana closed at $51.95, a -0.48% change from the previous day, while analysts expect the company to post earnings of -$0.86 per share in its next earnings release.

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