Rivian Automotive (RIVN) shares were down 4.3% in recent Thursday trading after Piper Sandler downgraded the company's stock to neutral from overweight and lowered its price target to $13 from $19.
Trading volume recently stood at about 23.2 million shares against a daily average of roughly 31.5 million.
Price: 10.88, Change: -0.48, Percent Change: -4.25
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