Rivian's Remarkable Three Month Stock Collapse

Rivian's Remarkable Three Month Stock Collapse

The post Rivian’s Remarkable Three Month Stock Collapse appeared first on 24/7 Wall St..On July 6, the stock of troubled EV company Rivian (NASDAQ: RIVN) traded at $20. Now it trades at just above $15. That’s over a quarter of its market cap, gone during a time when Rivian was supposed to do much, much better. Its stock price chart looks a bit like Lucid’s (NASDAQ: LCID). And Lucid is America’s most troubled EV company. Orders for its new R2, wh…

Rivian’s Remarkable Three Month Stock Collapse

The post Rivian’s Remarkable Three Month Stock Collapse appeared first on 24/7 Wall St.. On July 6, the stock of troubled EV company Rivian (NASDAQ: RIVN) traded at $20. Now it trades at just above $15. That’s over a quarter of its market cap, gone during a time when Rivian was supposed to do…