Rivian Faces Its Biggest Short-Term Threat
rivian (RIVN 4.24%)a producer of electrical pickups, SUVs, and supply vans, went public at $78 per share in Nov. 2021. Today, its inventory trades at about $15. The bulls retreated as their manufacturing slowed, they posted steep losses, and rising rates of interest compressed their valuation. It’s tempting to think about Rivian as a opposite…
