Rivian on track to log losses for seventh straight session

[Rivian R1T Electric Truck display at a service center. Rivian offers the R1T with up to 420 miles driving range. MY:2026] jetcityimage/iStock Editorial via Getty Images Rivian Automotive (RIVN [https://seekingalpha.com/symbol/RIVN]) was on track to widen its losses to the seventh straight session on Wednesday, with shares down 3.52% to $12.90. The stock has been on a downward trajectory since October 6, when it closed 0.62% lower at $14.51. On October 9, it slipped 2.58% to $13.96, dragging the stock further. Between October 6 and October 13, RIVN lost nearly 8%, compared to a flat S&P500 index. Looking at Seeking Alpha’s quant rating [https://seekingalpha.com/symbol/RIVN/ratings/quant-ratings], Rivian has been rated Hold with a score of 3.