4 hours Rivian Stock Down 50% This Year 24/7 Wall St.

Rivian’s (NASDAQ: RIVN) shares rallied in late July and then gave up the improvement. The stock of the crippled EV company is down 50% so far in 2024. The brief hope of a turnaround has evaporated. Morgan Stanley downgraded Rivian’s stock to “equal weight,” which usually translates into a low rating of “hold.” However, the […]

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