What Is Rivian Building That Investors Should Watch?
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Shares of Rivian Automotive (RIVN) have fallen 25% over the past three months, while the S&P 500 gained 3.4%. The company is currently ramping up a cheaper new SUV at its plant in Normal, Illinois, and that launch may be what bullish investors are betting on. So what is the new vehicle, and are buyers taking to it.
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What Is Rivian Building That Investors Should Watch?
Shares of Rivian Automotive (RIVN) have fallen 25% over the past three months, while the S&P 500 gained 3.4%. The company is currently ramping up a cheaper new SUV at its plant in Normal, Illinois, and that launch may be what bullish investors are betting on. So what is the new vehicle, and are buyers taking to it.