Rivian Stock Is Dropping Because of Two Issues That Affect Vehicle Production

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https://www.barrons.com/articles/rivian-coo-stock-price-electric-vehicle-production-51641900294

Updated Jan. 11, 2022 9:58 americium ET / Original Jan. 11, 2022 6:25 americium ET

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Stock successful electrical motortruck startup Rivian Automotive was falling Tuesday due to the fact that of 2 issues that interaction the aforesaid cardinal occurrence origin for the company: conveyance production.

Rivian (ticker: RIVN) shares opened down astir 3%, trading beneath $79. Shares were down astir 1.5% successful aboriginal trading astatine $80.26. The S&P 500 and Dow Jones Industrial Average were down astir 0.3% and 0.5%, respectively.

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