RIVN Stock Drops as Rivian Reduces Production Forecast

Shares of Rivian (RIVN, Financial) experienced a significant decline of 4.87% following the company's announcement to lower its annual 2024 production estimate, citing ongoing supply chain issues. The stock is currently trading at $10.25.Rivian Automotive Inc, listed under the ticker RIVN, faces a series of challenges that are impacting its market performance. The company's recent production estimate adjustment underscores persistent supply chain disruptions and component shortages that have hindered its ma ...

Rivian Automotive-RIVN Stock Drops as Rivian Reduces Production Forecast - Reportify