That wrestling match between the bulls and bears has Rivian's stock chart looking like a roller coaster, with a steep dive to start 2024 before rebounding mid-summer, followed by another dive and yet another rebound to finish the year. What a ride.

Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023. The

Rivian Automotive Inc.’s stock jumped 5% early Friday, after the electric vehicle maker posted delivery numbers for the fourth quarter and full year that exceeded analyst estimates.

Shares of Rivian recorded their best day ever after the EV maker reported 2024 production and deliveries that were in line with the company's previously announced expectations. Rivian stock closed Friday at $16.

Rivian stock rocketed higher Friday after the company reported its fourth-quarter sales and production and issued a positive update on a supply-chain snag. The stock was up sharply, but the numbers looked only OK.

Rivian's fourth-quarter production and delivery totals were higher than Wall Street had expected. A parts shortage that had limited production of R1s and delivery vans has been resolved, Rivian said.

Key Takeaways Shares of Rivian Automotive soared on Friday after the EV maker announced production numbers that topped its estimates and said a problem that limited output was resolved.The manufacturer said it built 49,