Rivian's Stock Plunges Amid Sales Concerns, Marking Worst Rout in Nearly Two Years Electric vehicle manufacturer Rivian has seen its stock price plummet, sparking concerns about the company's sales momentum. The significant decline marks the worst performance for Rivian's shares in nearly two years, leaving investors wondering if the company's growth trajectory is losing steam. Rivian has been under pressure to meet high expectations, particularly following a promising IPO in 2021. As the EV market becomes increasingly competitive, Rivian's ability to maintain its market share and drive sales will be closely watched by investors and industry analysts.
Rivian’s stock sale triggers worst rout for the shares in nearly two years MarketWatch