Why This Analyst Says Aptiv (APTV) Stock Is the Biggest Loser on Rivian-Volkswagen Deal

It’s been a wild and wacky day in terms of big announcements in the electric vehicle (EV) sector. Rivian (NASDAQ:RIVN) just received a $1 billion investment from Volkswagen (OTCMKTS:VWAGY), which could become as much as $5 billion over time. However, for investors in Aptiv (NYSE:APTV), this news hasn’t been a net positive. Currently, APTV stock is down more than 10% on the news.As a third-party company providing core electrical architecture such as onboard computers and software for EVs, this potential join ...