Rivian stock falls more than 9% after EV maker says Q1 off to 'slow start'

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Rivian stock falls more than 9% after EV maker says Q1 off to 'slow start'
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Rivian stock falls over 9% after EV maker says first quarter off to 'slow start'

Rivian Automotive Inc. stock fell more than 9% in extended trading Thursday after the electric-vehicle maker posted a larger-than-expected quarterly loss and said that supply-chain snags and other problems persist.

Rivian said its plant in Illinois is “starting to ramp nicely despite the quarter getting off to a slow start and persistent supply-chain constraints.”

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