Smart Investors Will Steer Clear of Rivian Stock Even if It Rallies After Earnings
Rivian Automotive (NASDAQ:RIVN) is the next electric vehicle manufacturer to report quarterly results. While not for certain that Rivian stock surges once the latest numbers hit the street, a post-earnings rally isn’t out of the question.Peer Lucid Group (NASDAQ:LCID) may have tanked after its latest quarterly earnings release, but Rivian’s deliveries beat could in hindsight prove to the prelude to improved results and upbeat corporate updates and guidance.Yet while a positive reaction to this upcoming even ...