Near All-Time Lows, There Is Finally Some Positive News for Rivian

Could a turnaround in the stock be near?It's been a difficult few years for the stock of Rivian Automotive (RIVN -2.27%), which has gone from hitting over $179 soon after it debuted in November 2021 to under $10 today.Rivian's problems and why the EV stock is downRivian has been making progress selling vehicles, as it more than doubled production and deliveries in 2023. However, the electric vehicle (EV) maker has been selling the vehicles at a loss, as demonstrated by its negative $2 billion in gross profi ...