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After plunging more than 90% from its all-time high, and trading at or near current price levels for several months, RIVN stock may seem like it’s not at risk of experiencing another severe price decline.
Source: https://investorplace.com/2023/06/rivn-stock-even-a-partial-recovery-may-be-out-of-range/
As the cherry on top of a mountain of existing issues, a vehicle glut could take the situation with RIVN stock from bad to worse.
Source: https://investorplace.com/market360/2023/04/steer-clear-of-rivn-stock-as-trouble-looms/
Just days after experiencing this big sell-off, after an attempted recovery stalled out, RIVN experienced yet another double-digit drop.
Source: https://investorplace.com/market360/2023/03/signs-for-a-rivn-stock-revival-grow-dimmer-by-the-day/
Let’s take a look at these expert takes and what investors can expect from RIVN stock.
Source: https://investorplace.com/2023/02/is-rivian-rivn-the-next-tesla-why-this-barclays-analyst-says-yes/
No Need to Test-Drive RIVN Stock Now.
Source: https://investorplace.com/2023/11/3-archer-aviation-updates-that-will-make-you-buy-the-stock/
Rivian stock RIVN was on track for its lowest close since Jan.
RIVN stock fell 3.3% on the news and a further 2.4% overnight.
Source: https://investorplace.com/2023/02/ford-continues-to-abandon-rivian-rivn-stock/
RIVN stock is up 2.9% after announcing its $15 billion in debt and new executive.
Source: https://investorplace.com/2023/11/rivn-stock-rivian-plans-to-raise-15-billion-in-debt/
Several research firms recently issued reports on RIVN.
Still, shares of RIVN stock have been hammered in recent weeks due to a plethora of negative headlines.
Source: https://investorplace.com/2023/10/rivn-stock-rivian-doubles-down-on-plans-to-build-second-ev-plant/
The firm recently on RIVN stock and reiterated a bullish price target.
The point is, it seems like RIVN stock may have gotten ahead of itself.