Could This Be the Catalyst That Gives Rivian's Stock a Boost This Year?
Investing in a struggling company such as Rivian Automotive (RIVN +3.13%), which has seen its share price crater by more than 85% since going public back in 2021, can be extremely risky. But when a stock has declined by so much and when there's a potential catalyst ahead, there may potentially be a good contrarian case for investing in it.That's the hope for Rivian stock this year, as the electric vehicle (EV) company is in the midst of launching its new R2 SUVs, which could lead to significantly more reven ...