Rivian Automotive (RIVN) Loses 5% as CEO Unloads Stake

We recently published 10 Big Names Crumbling Before 2026. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the worst performers on Tuesday. Rivian Automotive extended its losing streak to a sixth straight session on Tuesday, shedding 5.22 percent to close at $19.59 apiece as investors mirrored its chief executive’s disposition of a significant stake in the company. In a regulatory filing on Monday, Rivian Automotive, Inc. (NASDAQ:RIVN) said that its CEO, Robert Scaringe, unloaded 17,450 Class A common sha ...