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
€71.96
2.610%
Our community is currently high on General Motors Corp with 41 Buy predictions and 9 Sell predictions.
However, we have a potential of -9.67% for General Motors Corp as the target price of 65 € is below the current price of 71.96 €.
