Rivian Automotive (RIVN) Recalls 98,828 Vehicles, Is The Stock Still Undervalued?
Rivian Automotive (RIVN) is back in focus after recalling 98,828 vehicles to fix a rearview camera software defect through an over the air update, which is sharpening attention on operational and regulatory risks. The recall adds to a weak run for Rivian Automotive, with the 7-day share price return down 3.71% and the year-to-date share price return down 23.80%. Meanwhile, the 1-year total shareholder return is only 3.02% lower, suggesting that recent momentum has faded as safety and...
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