Is Rivian Stock a Buy Now?
Even before the market's recent volatility, Rivian Automotive (NASDAQ: RIVN) has been a stock accustomed to seeing large price fluctuations. At one point last year, it fell about 65% from January to April after poor delivery numbers, only to soar more than 100% from its lows on the news of a partnership with . When the dust finally cleared, the stock ended 2024 down about 42%.
Rivian's stock started 2025 on a positive note, quickly spiking higher. However, with the market downturn, it is now down about 15% on the year as of this writing.
If history is any indication, shares are likely to remain volatile. The question, though, is whether the long-term prospects are enough to make the stock a buy right now.
Source Fool.com
