Is Rivian Stock a Buy After Today's Big Drop?
2024 wasn't off to a great start for Rivian Automotive (RIVN -10.00%) shareholders. After diving as much as 11% early Tuesday morning, Rivian shares were still down by 9.7% as of 1:30 p.m. ET.The twist is that the sell-off came after the company released some positive production and delivery data. But the stock had soared by more than 40% in December, giving some investors reason to want to sell the stock and lock in profits on the first trading day of 2024.Production keeps ramping higherThe big news was Ri ...