Why Did Rivian Stock Pop Then Drop Today?

Motley Fool2022-03-31

What happenedShares of widely followed electric vehicle (EV) start-up Rivian Automotive seem to be following a bit of a trading pattern. That would help explain why the stock jumped by more than 5% on...

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Comments

  • JCai
    2022-04-01
    JCai
    K
  • Road1Warrior
    2022-03-31
    Road1Warrior
    sell it and cash out when u can profit now
  • Remotecam
    2022-03-31
    Remotecam
    Market makers feeling left out Or fear of being short squeezed at anytime by retailers.  Must be a nightmare.  [Sly]  
  • KYHBKO
    2022-03-31
    KYHBKO
    we need to have a process to qualify business before investing. the financial fundamentals need to demonstrate profitable business, rising sales, strong balance sheet, good cash flow. while I understand that some business take more time to break even due to r&d and capital investments, I would prefer to invest after the business breakeven with quarters of proven results.in the short run, markets can be swayed by hype or news but in the long term, market weighs on the value created by the business. $Rivian Automotive, Inc.(RIVN)$looks promising in EV segment but eventually, promise must be realised with good financial performance. it was well said that hope deferred makes one heart sick. thus, to keep and grow its base of cu
  • LenaNg
    2022-03-31
    LenaNg
    [Like] 
  • KeeBoonTong
    2022-03-31
    KeeBoonTong
    Lalalala
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