Rivian set to report earnings with stock under more pressure than ever

Rivian Automotive Inc. is slated to report first-quarter earnings after the bell Wednesday, with the EV maker battling a steep decline of its shares and fears of continued operational snags.

Rivian
RIVN,
-6.98%

stock has been under renewed pressure this week amid reports that, after the post-IPO lockup period had passed, Ford Motor Co.
F,
-0.34%

and others were promptly selling some of their Rivian shares.

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