Rivian stock (RIVN) faces Tuesday test after 27% leap as March 12 R2 update nears
Rivian shares surged 26.6% to close at $17.73 Friday after its quarterly report and 2026 outlook. The company expects R2 deliveries in Q2 and projects a 2026 adjusted EBITDA loss of up to $2.1 billion. U.S. markets are closed Monday for Presidents’ Day. Investors await more R2 details on March 12.