Rivian Automotive (NASDAQ:RIVN) Trading Down 5.6% - Here's What Happened

Rivian Automotive (NASDAQ:RIVN) Trading Down 5.6% - Here's What Happened

Rivian Automotive (NASDAQ:RIVN) Stock Price Down 5.6% - Here's What Happened

Huge News for Rivian Stock Investors! @themotleyfool #stocks $RIVN

Analyst revises Rivian stock price target

Rivian stock (NASDAQ: RIVN) was hit hard by the market’s reaction to the April 2 tariffs. However, recent price action might provide investors with a long time horizon with quite an attractive entry point. First, let’s backtrack and examine the pullback that has occurred. RIVN shares fell from $12.49 on the day of the announcement to $11.08 at press time in the pre-market trading session on April 4. This 11.28% drop has brought year-to-date (YTD…