MoffettNathanson analyst Michael Nathanson slashed his share price forecast for Roku from $330 to $220. MoffettNathanson analyst Michael Nathanson is a Roku bear. To Nathanson's point, Roku is facing heightened competition from the likes of Amazon.com (NASDAQ: AMZN) and Vizio. Read More...
Motley Fool
Why Rivian Stock Crashed Today
Shares of Rivian Automotive (NASDAQ: RIVN) fell 15% on Wednesday, marking the electric vehicle maker’s first negative daily performance since its initial public offering (IPO) on Nov. 10. Rivian tore out of the gates, with its shares soaring as much as 130% above its $78 IPO price. Judging by the sharp decline in its share price today, many investors decided that Rivian had come too far, too fast.
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