Is Rivian Stock a Screaming Buy After the Launch of Its New Models?

For the first time in quite a while, investors were excited about the prospects for electric vehicle maker Rivian's (RIVN 13.42%) stock on Thursday. The company introduced not one, not two, but three new models, and also got a boost from a researcher's new buy recommendation on its shares. Yet Rivian is still struggling with a broad slowdown in EV sales growth, and it remains heavily unprofitable. Perhaps investors should curb their enthusiasm.New models and new analyst coverageThe three models Rivian unvei ...

Rivian Automotive-Is Rivian Stock a Screaming Buy After the Launch of Its New Models? - Reportify