Rivian Automotive (NASDAQ: RIVN) stock has had a tough 2024. So far this year, shares have lost roughly half of their value. But the company isn't alone. stock has dropped by 29% over the same time frame.

What will happen to Rivian's stock price in the year to come? Let's find out.

Since the company's initial public offering (IPO) in 2021, Rivian shares have lost nearly 90% of their value. Yet over that time period, sales have increased by around than 9,000%. What's going on?

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Source Fool.com