BUZZ-Rivian falls on US vehicles recall
ReutersFeb 21, 2025 12:48 PM
Shares of EV maker Rivian RIVN.O fall nearly 3.7% to $13.11 in premarket trading
Co says it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a crash
Says recall affects certain 2025 R1S SUVs and R1T pickup truck vehicles
Issue was identified in vehicles made between April 29, 2024 and February 3, 2025
Co reported on Thursday a surprise drop in 2025 EV deliveries forecast
RVN shares up 2.3% YTD as of last close; stock fell ~43% in 2024
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