🔴 Rivian Automotive is trading 4.09% down today as Fed rate hike pressures growth stocks

Rivian Automotive is trading at $14.90, with a -4.09% change on September 16, 2026, amid a broader market decline following the Federal Reserve’s 25-basis-point rate hike and hawkish outlook.

• The Federal Reserve raised rates to 3.75%-4.00%, with higher yields weighing on rate-sensitive growth stocks.
• No clear company-specific announcement explains the decline; the reported Hold upgrade is not a negative catalyst.
• The move is therefore best attributed to global risk-off sentiment.