Rivian stock sunk to an all-time low on Thursday: here's why

Rivian Automotive Inc (NASDAQ: RIVN) slipped to an all-time low of $9.50 a share on Thursday after Ford Motor Co (NYSE: F) lowered the price of its F-150 Lightning.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What does Ford’s price cut mean for $RIVNCopy link to sectionThe flagship electric pickup truck is now available for up to $5,500 less after what was the biggest price cut the legacy automaker has announced to date. Legacy automakers like $F m ...