"Rivian Stock Plummets as EV Market Faces Decline"
TL;DR Summary
Rivian stock drops 20% as the company provides disappointing guidance and announces plans to raise more funds, while Lucid stock is down over 8% after unveiling a cheaper version of its luxury Air sedan, which suggests weakening demand or a potential price cut.
- Rivian Stock Drops 20%, Lucid Down Over 8% Barron's
- Rivian shares fell over 20% after the EV maker said it plans to raise $1.5 billion CNBC
- Rivian bond offering, GM air bag report, Lamb Weston earnings: Trending tickers Yahoo Finance
- Why Are EV Stocks Down Today? InvestorPlace
- Stocks making the biggest moves midday: Rivian, Orchard Therapeutics, Lamb Weston and more CNBC
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