HomeBusinessEnergyRivian (RIVN) Far From Driving Down Costs & How To Trade
Rivian (RIVN) Far From Driving Down Costs & How To Trade

CFRA says that Rivian (RIVN) is far from reaching the scale needed to drive down its unit costs. Garrett Nelson discusses this, as well as how CFRA reiterates its sell rating on RIVN. CFRA also cut its price target to $20 from $25. Tom White then joins to demonstrate two example trades using RIVN. The first trade type is a put vertical and the direction is bearish and the second trade type is a put calendar and the direction is neutral to bearish. Tune in to find out more about EV stocks and the stock market today.

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