Rivian Stock Plunged After the Election. Is It a Buying Opportunity?

Investors may be wondering why Rivian shares are plunging while Tesla stock is shooting higher.It's turning out to be a busy day in the stock market after election results have rolled in. Donald Trump's reelection has stocks in some sectors soaring and others dropping. But the electric vehicle (EV) sector is looking a bit more nuanced.While EV start-up Rivian Automotive (RIVN -9.87%) shares were down about 9% in late morning trading, shares in sector-leader Tesla had spiked higher by about 13%. Today's drop ...