Shares of EV maker Rivian (NASDAQ: RIVN) have been on a bit of a rollercoaster ride in 2024. After starting the year priced north of $23 per share, they dropped to less than $9 per share by mid-April.
Looking at Rivian’s recent financial results, it’s not difficult to understand why this company's stock price has fallen so much in 2024. They are producing and delivering fewer cars. In Q3, the ...