Rivian Automotive is trading 4.22% down at $14.82 as markets weaken amid rising oil prices and Treasury yields following a breakdown in U.S.-Iran negotiations.
- Reuters reported global stocks fell on September 28 as oil rose and investors braced for interest rates to remain higher for longer.
- Major U.S. indexes were lower, consistent with broad risk-off pressure. No clear company-specific catalyst was identified in the available reporting.