What the hell is going on with Rivian?
Posted: Apr 13, 2024
- Stock ticker RIVN (Rivian) is facing major buy pressure despite artificially low prices - Large institutions are holding the majority of RIVN and are shorting the stock to recoup losses - Short interest for RIVN is at an all-time high - RIVN has a signed contract with Amazon for delivery vans and plans to be profitable by Q4 2024 - The poster suspects that "shak' quant analysts" are shorting the stock for financial gain
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!