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With Stocks Down 73% and 61%, Are Rivian or Lucid a Buy?

Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) saw their market caps peak at $153.3 billion and $91.4 billion, respectively. Today, Rivian is worth $42.6 billion, and Lucid is worth $37.5 billion. Howard Smith (Rivian): Rivian and Lucid are at similar points in the development of their businesses, so it isn't a surprise that investors would react to news from one with action in the stock of the other. Read More...

Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) saw their market caps peak at $153.3 billion and $91.4 billion, respectively. Today, Rivian is worth $42.6 billion, and Lucid is worth $37.5 billion. Howard Smith (Rivian): Rivian and Lucid are at similar points in the development of their businesses, so it isn’t a surprise that investors would react to news from one with action in the stock of the other.

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