The iPhone maker is doing all it can to avoid an exodus of talent attracted by the metaverse, the crypto industry and competitors. Read More...
Motley Fool
Why Rivian Stock Is Sinking Today
Rivian Automotive (NASDAQ: RIVN) stock is tumbling on Friday, trading down 6.4% at noon ET. Mizuho analyst Vijay Rakesh, who cut Rivian’s price target to $100 a share from $145 per share in early March, now sees the stock rising to $95 a share. While that still means expected upside potential of more than 100% in the next 12 months, a price cut also reflects more hurdles for Rivian’s growth.
Add Comment