Why Rivian Stock Dropped Today
Shares of Rivian Automotive (NASDAQ: RIVN), the electric trucks and vans company, slid in afternoon trading after Bloomberg reported that Amazon (NASDAQ: AMZN) is evaluating electric vans from General Motors (NYSE: GM) as an alternative to Rivian's.
As of 2:40 p.m. ET, Rivian stock is down 3.1%.
Image source: Rivian Automotive.
Source Fool.com
General Motors Corp Stock
€65.15
-0.380%
Our community is currently high on General Motors Corp with 45 Buy predictions and 6 Sell predictions.
As a result the target price of 74 € shows a slightly positive potential of 13.58% compared to the current price of 65.15 € for General Motors Corp.
