Fool.com contributor Parkev Tatevosian discusses what the strategic shift could mean for Rivian (RIVN 5.25%) stock investors.
*Stock prices used were the afternoon prices of March 9, 2024. The video was published on March 11, 2024.
Great News for Rivian Stock Investors!
By Parkev Tatevosian, CFA – Mar 11, 2024 at 5:22PM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$17B
Today's Change
(-5.25%) $0.72
Current Price
$12.99
Price as of October 30, 2025 at 4:00 PM ET
Rivian stock investors got some much-needed good news when management initiated a cost-cutting strategy.
About the Author
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.