Rivian Stock Is Dropping Like a Stone. Blame Amazon.

2 years ago 457

Stock in Rivian Automotive is falling accelerated due to the fact that it seems the start-up has contention successful supplying electrical trucks to Amazon.com, 1 of its investors.

Rivian (ticker: RIVN) banal was down 6% astatine $95.28 successful precocious morning, portion the S&P 500 had slipped 0.1%. The Dow Jones Industrial Average was up 0.3%.

Wednesday, Stellantis (ticker: STLA)...

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