Shares of the parent company of Google are on track for their longest losing streak since September 2018. Read More...
Motley Fool
Why Rivian Stock Is Sinking Today
Rivian Automotive (NASDAQ: RIVN) stock dove this morning after the electric vehicle (EV) manufacturer pulled the plug on a potential deal with the world’s most popular luxury car brand barely three months after announcing an agreement. Rivian stock dropped 5.2% within minutes of the market’s opening Monday. In early September, Rivian and Mercedes-Benz announced a joint venture to build affordable commercial electric vans, with initial plans including two large vans.
