Rivian Shares Jump as Options Signal Interest Before Next Earnings
Rivian shares rose nearly 7% on Friday as options trading showed increased investor interest ahead of the electric-vehicle maker’s next earnings report, with heavier demand for call contracts. The move follows Rivian’s second-quarter results: $1.66 billion revenue (+27% y/y) and $179 million adjusted gross profit, though profitability and margin improvement remain key as the stock is still about 25% lower year to date.