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Why Rivian Automotive Stock Popped, Then Dropped

TheMotleyFool 
0 0 07.05.24
Why Rivian Automotive Stock Popped, Then DroppedPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png
 

Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!)

Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!)

Why did Rivian stock rise and then fall back again? The answer is just one word: (NASDAQ: AAPL).

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Source Fool.com

Apple Inc. Stock

€264.10
-0.260%
Apple Inc. shows a slight decrease today, losing -€0.700 (-0.260%) compared to yesterday.
Our community is currently high on Apple Inc. with 73 Buy predictions and 7 Sell predictions.
As a result the target price of 280 € shows a slightly positive potential of 6.02% compared to the current price of 264.1 € for Apple Inc..
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