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RIVN - Why Rivian Stock Is Getting Clobbered Today
Rivian Automotive Inc.
2024-03-14 14:30:07 ET
Shares of Rivian Automotive (NASDAQ: RIVN) were trading lower on Thursday, a day after The Wall Street Journal reported that rival electric vehicle (EV) maker Fisker (NYSE: FSR) may be preparing to file for bankruptcy.
As of 2 p.m. ET, shares of Rivian were down about 8.3% from Wednesday's closing price.
Rivian last week revealed its next model, the R2 midsize electric SUV. Image source: Rivian Automotive