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Why Rivian, Nikola, and Lucid Stocks Got Wrecked on Friday

·2 min read
Why Rivian, Nikola, and Lucid Stocks Got Wrecked on Friday
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In early trading Friday, stock markets attempted to make a comeback and at least end a losing week on a winning note. As of 12:25 p.m. ET, shares of Rivian Automotive (NASDAQ: RIVN) are off 4.9%, Nikola (NASDAQ: NKLA) stock is down 5.8%, and Lucid Group (NASDAQ: LCID) -- the beneficiary of positive news as recently as yesterday -- is giving back most of its gains, and leading the sector 6.8% lower today.