Stock Market Today, July 31: Rivian Beats Q2 Revenue Estimate as Concerns of Rising Costs Weigh on Stock
Electric pickup, SUV, and commercial delivery van maker Rivian Automotive (NASDAQ:RIVN) closed at $15.22, down 9.57%. Friday's decline followed its Q2 revenue beat, but investors focused on profitability concerns and electric vehicle (EV) market pressure.Trading volume reached 53...