Rivian shares fell 3.3% in the afternoon session after the electric vehicle maker kept its full-year delivery guidance unchanged even though third-quarter deliveries came in above expectations. The company reported third-quarter 2026 production of 19,751 vehicles at its Normal, Illinois facility and 19,248 deliveries, yet reaffirmed its full-year delivery guidance range of 65,000 to 70,000 vehicles. The stock was trading at $14.19, down 3.9% from the previous close, and is down 26.9% since the start of the year, sitting 36.8% below its 52-week high of $22.45 from December 2025. Rivian shares have been extremely volatile, with 40 moves greater than 5% over the past year, and today's decline suggests the market views the news as meaningful but not fundamentally business-changing.
Rivian Automotive IncRivian kept full-year delivery guidance unchanged at 65,000-70,000 despite Q3 deliveries beating expectations, signaling no demand upgrade.
