Stock Market Update: Rivian, Seven & I Holdings, Meta

Reported 2 days ago

In today's market update, Rivian's shares fell after the company reduced its full-year production forecast due to parts shortages and declining EV demand. Conversely, shares of Seven & I Holdings surged as reports emerged about the company potentially selling a majority stake in its supermarket division. Meanwhile, Meta Platforms faces new EU regulations requiring them to limit the use of personal data for targeted ads on Facebook.

Source: YAHOO

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