Analyst: Rivian Faces Lower EV Sales, Catalysts in 2025
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Rivian Automotive Inc (NASDAQ:RIVN) is experiencing a 1.4% drop in premarket trading after a bearish note from Baird, indicating lower EV sales and potential catalysts in 2025.
December 18, 2024 | 2:45 pm
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Rivian Automotive Inc's shares are down 1.4% in premarket trading due to a bearish note from Baird, which highlights lower EV sales and potential catalysts in 2025.
The bearish note from Baird directly impacts Rivian's stock price, causing a 1.4% drop in premarket trading. The note suggests lower EV sales, which is a negative indicator for the company's short-term performance. However, potential catalysts in 2025 could provide future growth opportunities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100