U.S. Markets closed
  • S&P 500

    4,305.20
    +8.06 (+0.19%)
     
  • Dow 30

    34,152.01
    +239.61 (+0.71%)
     
  • Nasdaq

    13,102.55
    -25.55 (-0.19%)
     
  • Russell 2000

    2,020.53
    -0.82 (-0.04%)
     
  • Crude Oil

    86.99
    +0.46 (+0.53%)
     
  • Gold

    1,774.90
    +1.70 (+0.10%)
     
  • Silver

    20.09
    +0.01 (+0.05%)
     
  • EUR/USD

    1.0172
    +0.0007 (+0.0712%)
     
  • 10-Yr Bond

    2.8240
    +0.0330 (+1.18%)
     
  • Vix

    19.69
    -0.26 (-1.30%)
     
  • GBP/USD

    1.2097
    +0.0039 (+0.3194%)
     
  • USD/JPY

    134.2700
    +0.9980 (+0.7488%)
     
  • BTC-USD

    23,883.93
    -167.38 (-0.70%)
     
  • CMC Crypto 200

    569.15
    -2.76 (-0.48%)
     
  • FTSE 100

    7,536.06
    +26.91 (+0.36%)
     
  • Nikkei 225

    28,868.91
    -2.89 (-0.01%)
     

2 Reasons Why Rivian Stock Is Falling Today

·2 min read
2 Reasons Why Rivian Stock Is Falling Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of the electric vehicle maker Rivian Automotive (NASDAQ: RIVN) fell this morning, likely because investors were processing news about growing frustration about wait times for customers who've pre-ordered Rivian vehicles. This morning Reuters reported that there's growing frustration among people who have pre-ordered Rivian vehicles -- some orders date back to 2019 -- and are waiting longer to receive their vehicles than people who ordered after them. The report comes just weeks after Rivian said that it would focus some of its production on vehicles with certain colors and wheel accessories in order to maximize production.