Should You Buy Rivian Stock on the Dip?

By Parkev Tatevosian, CFA – Apr 4, 2024 at 5:30AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$9B

Today's Change

(3.04%) $0.28

Current Price

$9.31

Price as of April 29, 2024, 2:44 p.m. ET

Rivian reiterated its guidance for flat production levels in 2024.

Fool.com contributor Parkev Tatevosian updates his recommendation of Rivian (RIVN 3.04%) stock.

*Stock prices used were the afternoon prices of April 1, 2024. The video was published on April 3, 2024.

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.