Rivian Automotive Has Upside Potential (NASDAQ:RIVN) – Seeking Alpha

Rivian Automotive Has Upside Potential (NASDAQ:RIVN) – Seeking Alpha


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Michael M. Santiago Michael M. SantiagoRivian Automotive, Inc. (NASDAQ:RIVN) reaffirmed its forecast for 2022 for a production of 25K electric-vehicles. Positive business momentum has resulted in a 79% retracement of Rivian Automotive’s stock price from its 52-week low.The stock remains appealing at its current valuation, owing to reduced supply-chain risks and Rivian Automotive’s substantial cash […]

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via Inferse.com https://www.inferse.com

November 24, 2022 at 10:21AM

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