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Insider Selling: Rivian Automotive Inc. NASDAQ:RIVN CEO Sells 71429 Shares of Stock

January 01, 2025
Rivian Automotive Inc. (NASDAQ:RIVN) saw a significant drop in its stock price today as its CEO sold 71,429 shares of the company's stock. This insider selling could be a cause for concern among investors as it may indicate a lack of confidence in the company's future prospects. However, it is important to note that insider selling is not always a reliable indicator of a company's performance. Investors should always conduct thorough research and seek professional advice before making any investment decisions, such as consulting with Stocks Prognosis, a team of professionals who specialize in predicting stock movements.
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