Rivian Automotive Inc - Class A (RIVN) is trading -5% lower at $36.99 today.

Rivian Automotive Inc - Class A has been trading between a 52-week high of $179.47 and a 52-week low of $19.25. The stock has a market cap of $33.6 Billion.

Rivian exists to create products and services that help our planet transition to carbon neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Barthas85 - 8 upvotes - source
RIVN tanking, BBBY mooning, life is good.

Plenty-Point4351 - 5 upvotes - source
Soooo Soros sold 8 million shares/30% of his RIVN holdings. Sub 30s incoming this week?

Totallynotfakenews - 3 upvotes - source
I’m sure there are worse companies than RIVN but I can’t think of any

Greedy-Mammoth-6326 - 3 upvotes - source
I bought $RIVN puts last week 🥸

Shot-Turn7072 - 2 upvotes - source
I was. Rivn is a good long play and these prices are a good entry for these reasons: 1) do your dd before typing shit u dont know about in reddit. (Talking to all these other retards) Thats all.

KingOfTheBritons96 - 1 upvotes - source
RIVN just took a big steaming dump

boondo - 1 upvotes - source
My RIVN 30p's might actually still have some life left

mannycalls24 - 1 upvotes - source
RIVN WHERE ARE YOU GOING MY CALLS 💀

69_420_420-69 - 0 upvotes - source
as a TSLA investor RIVN did peek my interest but its cars are too niche imo they are apparently great for ppl who like camping and stuff and want electric but tbh there are better options RIVN is not and has never been a serious rival of TSLA other already established car companies who are getting into EV are those that TSLA needs to watch out for