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home / news releases / RIVN - Why Rivian Automotive Stock Popped Then Dropped

RIVN - Why Rivian Automotive Stock Popped Then Dropped

Rivian Automotive Inc.

2024-05-07 12:18:43 ET

Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!)

Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!)

Why did Rivian stock rise and then fall back again? The answer is just one word: Apple (NASDAQ: AAPL) .

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Why Rivian Automotive Stock Popped, Then Dropped
Stock Information
Company Name: Rivian Automotive Inc.
Stock Symbol: RIVN
Market: NASDAQ
Website: rivian.com
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