Rivian Skids As Legacy Automakers Rev Up Ev Targets

Rivian Skids As Legacy Automakers Rev Up Ev Targets. Rivian automotive inc's stock briefly tumbled below its ipo price on thursday in a selloff along with other electric vehicle makers as the race for market share intensifies and legacy companies ramp up their own production. Rivian stock skids as legacy automakers rev up ev targets.

As Legacy Automakers Rev Up Electric Vehicle Investments, Startups Are
As Legacy Automakers Rev Up Electric Vehicle Investments, Startups Are from news.crunchbase.com

Rivian fell as low as $75.13, below its november initial public offering price of $78 for the first time. By reuters — 10:27 am et 01/06/2022. Shares of stellantis rose 2.5% on thursday and are now up 11% in 2022.

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