Rivian shares jump 14.6% after earnings beat adds $2.5bn to valuation

Rivian shares jump 14.6% after earnings beat adds $2.5bn to valuation Proactive uses images sourced from Shutterstock Shares in Rivian Automotive Inc (NASDAQ:RIVN) rose 14.6% to $14 in after-hours trading on Thursday after the group reported a surprise fourth-quarter earnings beat, adding about $2.5 billion to its market value, though the stock remains down about 27% year to date. The company exceeded Wall Street expectations with an adjusted loss per share of 54 cents against forecasts of 68 cents and r ...