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Why Is Everyone Talking About Rivian Stock?

Rivian's stock price is under pressure as it disappointed investors regarding its 2024 prospects.

By Parkev Tatevosian, CFA – Feb 25, 2024 at 8:16AM EST

Fool.com contributor Parkev Tatevosian evaluates what Rivian's (RIVN 2.88%) management team said about its revenue and profit outlook for the year.

*Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 24, 2024.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Rivian Automotive Stock Quote
Rivian Automotive
NASDAQ: RIVN
$14.87
(-2.84%)-$0.44

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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