And it’s official. Rivian (RIVN) will lose its position on the Nasdaq-100 index (NDX) after its stock price fell over 90% from its all-time high achieved shortly after going public.
Rivian to be removed from the Nasdaq-100 index
Less than two weeks after JP Morgan analyst Min Moon predicted in a note to investors that Rivian would lose its position in the Nasdaq-100, it’s becoming a…