Down More Than 23% So Far This Year, Could Rivian Stock Plummet in 2024?
After surging 40% in December, Rivian Automotive (NASDAQ: RIVN) has cooled off in 2024, falling over 23% in the first two trading weeks of the year. The stock has been and continues to be all over the place.
Here's why Rivian will likely remain a volatile stock for the foreseeable future, what it would take to become more stable, and what investors should look for from the electric car company this year.
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Source Fool.com