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Buy Rivian Stock Ahead of the Squeeze? Not So Fast
Rivian AutomotiveRivian Automotive(US:RIVN) InvestorPlace·2024-04-23 18:50

So far this month, Rivian Automotive (NASDAQ:RIVN) shares have continued to hit new all-time lows. However, I’ll admit that a move to higher prices may be in the immediate future for Rivian stock.Mostly, because the ingredients are in place for shares in this fledgling EV upstart to experience a short-squeeze. Yet while the possibility of a short squeeze could serve as a warning to anyone looking to join the crowded short side by making a bearish RIVN wager, it’s not exactly a sign that now’s the time to “b ...