Rivian's second-quarter sales, production a 'boost' for investor confidence, analysts say

Rivian Automotive Inc. stock rallied Wednesday after Wall Street viewed the electric-vehicle maker’s quarterly sales and production numbers as boding well for Rivian’s 2022 targets.

Rivian RIVN earlier Wednesday reported that it delivered 4,467 vehicles and produced 4,401 vehicles in second quarter. It also kept its target of producing 25,000 vehicles this year.

The…

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