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
€69.25
0.460%
Currently there is a rather positive sentiment for General Motors Corp with 40 Buy predictions and 10 Sell predictions.
On the other hand, the target price of 63 € is below the current price of 69.25 € for General Motors Corp, so the potential is actually -9.03%.
