APTV - Rivian/Volkswagen deal a 'red flag' for auto tech suppliers like Aptiv - analyst
2024-06-26 11:06:14 ET
Shares of Aptiv plc ( NYSE: APTV ) are on the defensive Wednesday following a downgrade by Piper Sandler to Underweight, driven by concerns over the negative impact of Rivian’s ( RIVN ) joint venture with Volkswagen (VWAGY, VWAPY). ...
Rivian/Volkswagen deal a 'red flag' for auto tech suppliers like Aptiv - analyst