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-0.000754532291942871 -0.000244713175765393 0.000774925056589927 -0.00126435140812053 0.00638293533454328 0.0196382323551603 0.0216775088198707 0.0257560617492913
Stock impact report

Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy? [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
A dip after Donald Trump's election victory was followed by a sharp surge in the shares on company-specific news Rivian stock is ending the week on a down note, though, with shares lower by 5.9% as of 1:15 p.m. ET. That's because there is growing commentary about how the incoming presidential administration could hinder the electric vehicle (EV) start-up 's growth plans. But it also could be a buying opportunity if the pundits have it wrong. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The initial reaction to Donald Trump's election among EV sector investors was one of concern. While Trump has famously not been a fan of electric vehicles, he has strong support and a close relationship with EV trailblazer and Tesla CEO Elon Musk. Yet there are growing expectations that the incoming administration will eliminate existing tax credits for EV buyers. There are already qualification limits on those credits, though, inclu Show less Read more
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