Rivian Falls Most Since November After Amazon’s Stellantis Deal
Rivian Automotive Inc. fell the most since mid-November after Amazon.com Inc., one of its biggest backers and customers, agreed to buy battery-electric delivery vans from rival automaker Stellantis NV.
Stock Slide
The decline adds to Rivian’s recent slide after the stock briefly topped $100 billion in market value -- at the time more valuable than Ford Motor Co., also an investor, and General Motors Co. -- following its November listing. As of Wednesday’s close, Rivian’s market capitalization was $81 billion.
Part of the content is taken from Yahoo.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Market Insights
Hot Topics Hot Topics
The Week Kicks Off: Davos Forum, PCE Data, Earnings From NFLX、INTC
A jam-packed week: Trump attends Davos, earnings season accelerates with Netflix, Intel reporting, and all eyes turn to Tuesday's Supreme Co
In One Chart
Dec 1, 2025 13:36
December's Must-See Financial Events: FOMC Meeting, Jobs and Inflation Data, Santa Claus Rally, and More
Moomoo Insights
Dec 24, 2025 22:09
U.S. E-commerce vs. Traditional Retailers: Is a Battle Inevitable? A Comparison of Amazon and Walmart