Rivian: All Eyes On Gross Margin For Upcoming Earnings
Rivian (NASDAQ: RIVN ) has recently announced its first quarterly deliveries of 8,640, which were 36% lower than the year-ago quarterly deliveries of 13,588. However, these deliveries still exceeded the consensus estimate of 8,200. The management reaffirmed the earlier annual target, andI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hand ...