Today, every "self directed retail investor" and institutional trader alike is at a loss in their $RIVN position.
Today, "everyone" was reading the news hoping to understand "why?"
Today it was the COO retirement.
Yesterday:
… Amazon deal with Stellantis (RAM trucks.)
… increasing interest...
This is "day one" of "not a good day" for $RIVN. Despite globally good news for Rivian and their production exceeding and excelling, despite a secular rally against the previous session sell-off, $RIVN did not find a bid.
While I remain long term (five to ten year time frame) bullish and...