RIVN - SA readers lose faith in Bill Ackman but love EVs Dogecoin Crypto.com and Target

Bill Ackman is a high-profile, highly respected investor. But the billionaire hedge fund manager isn't infallible -- a fact that SA readers came to terms with by walking away from his Pershing Square Tontine (NYSE:PSTH) in sizable numbers last week, according to a review of proprietary data of portfolio adds and removals. SA readers also purged their portfolios of Mandiant (NASDAQ:MNDT), continuing a process that began last month, when the former FireEye reorganized its business and changed its name. Meanwhile, electric vehicle plays proved enticing last week. Readers rushed into recent EV IPOs Rivian Automotive (NASDAQ:RIVN) and Sono Group (NASDAQ:SEV), while grabbing ChargePoint (NYSE:CHPT) in large numbers as well. Turning to the cryptocurrency space, Dogecoin (DOGE-USD) continued to demand attention, while a massive naming-rights deal turned the spotlight on Crypto.com (CRO-USD). Target (NYSE:TGT) picked up followers as well. SA readers added the retailer following its earnings release, even as margin

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SA readers lose faith in Bill Ackman but love EVs, Dogecoin, Crypto.com and Target