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RIVN Stock Alert: 5 Investors Betting Big on Rivian Automotive
Rivian AutomotiveRivian Automotive(US:RIVN) investorplace.com·2024-05-20 23:50

Rivian (NASDAQ:RIVN) stock is down by about 50% so far this year as the electric vehicle (EV) company deals with price wars, a preference of hybrids over EVs and high interest rates. Now, with the first-quarter 13F deadline past us, retail investors are able to gauge how institutional investors feel about these issues.Rivian disappointed investors after guiding for the production of 57,000 vehicles in 2024. That represents a slight decline from 2023 when the company produced 57,232 vehicles. Revenue was a b ...