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home / news releases / RIVN - Rivian's Price Cuts Are a Slippery Slope

RIVN - Rivian's Price Cuts Are a Slippery Slope

Rivian Automotive Inc.

2024-05-29 06:30:00 ET

Rivian (NASDAQ: RIVN) is struggling to make money selling vehicles as demand falls behind supply. That's resulted in discounts of inventory, which could make the company's financial problems worse. Travis Hoium covers the trend and the precedent in this video.

*Stock prices used were end-of-day prices of May 26, 2024. The video was published on May 28, 2024.

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Rivian's Price Cuts Are a Slippery Slope
Stock Information
Company Name: Rivian Automotive Inc.
Stock Symbol: RIVN
Market: NASDAQ
Website: rivian.com
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