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ARVL - These 3 EV Stocks Are Down 30% or More This Year. Time to Buy?
Arrival
Electrical vehicle stocks have seen some correction this year. The price of EV start-up Arrival (NASDAQ: ARVL) stock is down roughly 45% since its listing in March. Hyliion Holdings (NYSE: HYLN) stock price has fallen nearly 50% while Nikola (NASDAQ: NKLA) stock is down nearly 30% year to date.
Let's take a closer look at each of the three EV stocks to find if their fall in 2021 presents a possible buying opportunity.