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Rivian stock price eyes a big move after Uber deal: will it rise or crash?

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Rivian remained volatile on March 20 after news of a large investment and order from Uber; shares had jumped nearly 4% on Thursday then pulled back over 1% on Friday as traders sold the news. The Uber-related deal is the catalyst, but short-term profit-taking has led to mixed price action.

Analysis

Rivian remained volatile on March 20 after news of a large investment and order from Uber; shares had jumped nearly 4% on Thursday then pulled back over 1% on Friday as traders sold the news. The Uber-related deal is the catalyst, but short-term profit-taking has led to mixed price action.

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