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Rivian Automotive Stock Higher Before Earnings

Electric vehicle (EV) maker Rivian Automotive Inc (NASDAQ:RIVN) will announce first-quarter earnings after the market closes tomorrow. The security is up 1.9% to trade at 10.27atlastcheck,butisrunningintoresistancefromthe40daymovingaverage,whilethe10.27 at last check, but is running into resistance from the 40-day moving average, while the 11 region could emerge as a ceiling. Shares are today eyeing their fourth-straight daily gain, but are down 48.3% in 2024.The equity has a troubling recent history of post-earnings reactions. The shares finished five of their eight next-day sess ...