Tag: General Motors

Market

Bucking post-IPO rally cause of Rivian shares stop at down 15%

Some haywire moves higher in cash losing electric vehicle producers, for example, Rivian and Lucid indicate the securities exchange framing an unfortunate air pocket, contends Matt Maley, Miller Tabak boss business sectors planner. “It’s simply an indication of an undesirable securities exchange,” Maley said. That might be putting it mildly. While Rivian’s stock cost plunged […]