Rivian stock jumps as the EV automaker says demand remains high and production is on track
Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it's still on track to build 25,000 vehicles this year.
Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it's still on track to build 25,000 vehicles this year.
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.
Peloton reported a wider-than-expected quarterly loss and a steep decline in sales, as inventory piled up in warehouses and ate away at the company's cash.
Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.
SoFi blamed the early release of its results on human error, according to CNBC's Kate Rooney.
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
AMC Entertainment posted a narrower-than-expected loss during the first quarter.
Coinbase earnings missed analyst estimates and shares fell as much as 19% in extended trading.
Roblox soared in popularity during the pandemic, but the hype has since cooled.