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Rivian stock sinks after solid quarter as Wall Street is 'torn' about the EV maker

Por: MarketWatch Politics August 09, 2023

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The stock was on track to end at its lowest in a little over a month, and poised for its steepest one-day percentage decline since March 7, when it fell more than 14%. “We’re torn,” Alex Potter at Piper Sandler said in his note. It was a “good” quarter, but the upside potential for the stock is tempered by capital burden, Potter said, keeping his rating on Rivian shares at the equivalent of hold. “We cannot deny: Rivian has begun... + full article



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