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Rivian (RIVN) will lose its spot in the Nasdaq-100 index next week, Nasdaq confirms

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…
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