Why Is Rivian Stock Dropping?: Rivian is a very popular EV manufacturing company. The stock price of this company is $84.39 on 6th January 2022. This company has seen a decline of –6.24% in the last few days. So what is the reason due to which the stock price of rivian company has fallen?
The stock price of the Rivian company decreased due to Omicron. Because due to Omicron, most of the stock prices in the stock market have fallen. Due to the Omicron variant, people are unable to leave their homes. That’s why the sales of Rivian trucks are also not getting much.
Is The Company Rivian On The Stock Market?
Yes, Rivian company is available in the stock market. At present, the price of one stock is $84.39, the price of this stock may increase or decrease in the coming time. That’s why if you want to buy stock of Rivian Company, then this can be the right time for you.
Why Is The Stock Price Falling Right Now?
All the markets keep on increasing due to the Pandemic. That is why the sales of all those things which people use every day are decreasing. But there are also some such things which people use more during the Pandemic. That is why you should invest in some such stocks which will not give you loss in any bad condition.
Apart from this, people have more options to invest in the stock market. There are different types of companies listed in the stock market. Those who keep giving good or bad results according to the time. But still, people have more options to invest. Some companies had lost a lot due to Pandemic, but companies like Google, Microsoft, Apple, Tesla, etc. had grown a lot in Pandemic too.