Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Rivian Shares Sank Today

TheMotleyFool

0 0

Rivian Automotive (NASDAQ: RIVN) stock is plummeting today, but it's not about anything the company told investors -- yet. Rivian shares were down 9.1% as of 11:48 a.m. ET Tuesday.

The drop came after fellow EV start-up Lucid Group provided its quarterly update, and investors seem to fear that some of what it said will apply to Rivian as well. Rivian will provide investors with its fourth-quarter and full-year 2021 update next Thursday, March 10.

Rivian R1S SUV on the production line at the company's Illinois manufacturing plant. Image source: Rivian Automotive.

Source Fool.com

Like: 0

RIVN

Share