Rivian stock
So what The drop is coming a day after the stock also declined when fellow EV start-up Lucid Group slashed its production estimates for 2022 due to. After a blockbuster initial public offering IPO.
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Rivian Automotive RIVN-052 stock dropped Friday morning shedding almost 46 in the first hour of trading before gaining some ground.
. Rivian stock was down 133 as of 1030 am. Shares of Rivian NASDAQRIVN stock closed down more than 10 today momentarily reaching a new 52-week low of 4228 during intraday trading. Rivian Automotive Incs stock briefly tumbled below its IPO price on Thursday in a selloff along with other electric vehicle makers as the race for.
The electric-vehicle EV stock was already under a bit.
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