Rivian (RIVN) Shares Drop Amid Production Disruptions and Lower Delivery Forecast

Rivian (RIVN, Financial) experienced a 6.3% decline in pre-market trading, approaching its lowest point in over four months. This drop follows the electric vehicle manufacturer's announcement of production disruptions, leading to a reduced delivery forecast for the year.For the third quarter ending September 30, Rivian reported deliveries of 10,018 vehicles, marking a 35.6% decrease compared to the previous year. Production fell by 19.3% to 13,157 vehicles. The company attributed these disruptions to a shor ...