Why Rivian Stock Dropped Today
Yesterday was a great day to own shares of electric start-up Rivian (NASDAQ: RIVN), with the stock revving 3.7% higher after MotorTrend named its R1T electric truck its Truck of the Year.
Today, however, Rivian's giving back all of those gains -- and more -- and is down 4.2% as of 12:20 p.m. ET on litigation jitters.
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Source Fool.com