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Rivian Stock Falls. Profit Wasn’t Enough.
In This Article:
Rivian’s fourth-quarter earnings report gave investors half of what they were looking for. The good news is that on Thursday afternoon, Rivian reported a fourth-quarter gross profit of $170 million, a result of sales growth and cost cuts. While the gross profit and sales figures are positive, Rivian’s guidance for 2025 looks a little light.
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