Rivian Stock Is Dropping Like a Stone. Blame Amazon.

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Updated Jan. 6, 2022 10:43 americium ET / Original Jan. 5, 2022 11:53 americium ET

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Stock in Rivian Automotive is falling accelerated due to the fact that it seems the start-up has contention successful supplying electrical trucks to Amazon.com, 1 of its investors.

Rivian banal resumed its descent Thursday, falling different 11% to astir $80. That’s conscionable a hairsbreadth supra its archetypal nationalist offering price.

On Wednesday, Rivian (ticker: RIVN) banal closed down...

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