Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher in Monday's after-hours session after the company provided a production and deliveries update and announced it's on track to reach its previously provided production guidance.
Rivian said it produced 7,363 vehicles and delivered 6,584 vehicles during the third quarter, its highest quarterly totals ever. Rivian manufactures the R1T pickup and R1S SUV, as well as delivery vans for Amazon.com Inc (NASDAQ:AMZN) at its Illinois factory. The company didn’t separate the production or delivery numbers by model.
See Also: Why General Motors Stock Popped On Monday
RIVN Price Action: Rivian has a 52-week high of $106.80 and a 52-week low of $19.25.
The stock was up 6.9% in after hours at $34.09 at time of publication, according to Benzinga Pro.
Photo: courtesy of Rivian.
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