Rivian Automotive is trading at $12.49, down 4.03%, amid broad market weakness.

  • The Nasdaq was down 2.11% and the S&P 500 1.15%, amid investor concerns about AI infrastructure debt, borrowing costs, and inflation.
  • No clear company-specific catalyst was found for the October 16 move; a market-data page also detected no new company, sector, or macro catalyst at its update time.
  • The price continued retreating from the October 15 close of $13.02.