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
€75.91
0.210%
Our community is currently high on General Motors Corp with 54 Buy predictions and 7 Sell predictions.
As a result the target price of 81 € shows a slightly positive potential of 6.71% compared to the current price of 75.91 € for General Motors Corp.
