Rivian Shares Higher After Report of Production Ramping Up
January 26 2022 - 2:03PM
Dow Jones News
By Stephen Nakrosis
Shares of Rivian Automotive Inc. are trading higher Wednesday,
following a report that the company is increasing production at its
facility in Normal, Ill.
Bloomberg, citing people "who asked not to be identified
discussing private information," on Wednesday reported the
electric-vehicle company is looking at a rate of 200 ready-to-sell
units per week.
At 1:26 p.m. ET, shares of Rivian were trading 9.09% higher, at
$65.07 each.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 26, 2022 13:48 ET (18:48 GMT)
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