Why Rivian Stock Is Falling Today

An investment firm is taking a more cautious stance on sales expectations for Rivian this year.Rivian Automotive (RIVN -4.01%) stock is slipping in Tuesday's trading. The electric vehicle (EV) company's share price was down 4.6% as of 2:30 p.m. ET.D.A. Davidson published a note today lowering its sales forecast for Rivian, according to reporting from the blog EV. On the other hand, D.A. Davidson maintained its rating and price target for Rivian stock.Rivian stock falls after a sales target cut from an inves ...