Why Rivian Stock Dropped Again Today
For the third day in a row, shares of electric truck start-up Rivian Automotive (NASDAQ: RIVN) were powering down Wednesday -- 6.4% lower, to be precise, as of 11:15 a.m. ET today. And that all adds up to a sizable 8.7% decline since the new year began.
A note last night from an analyst at Mizuho Securities laid out several positives about Rivian, but also included plenty of warnings on its risks.
Image source: Getty Images.
Source Fool.com