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Should You Liquidate Your Position in Rivian Automotive (RIVN)?
Meridian Resources, managed by ArrowMark Companions, released its “Meridian Growth Fund” 3rd quarter 2022 investor letter. A duplicate of the exact same can be downloaded in this article. In the 3rd quarter, the fund returned -4.92{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} net in comparison to -.12{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} return for the Russell 2500 Progress Index. In the quarter, market dynamics worked in opposition to the fund’s expenditure strategy. In addition, you can test the major 5 holdings of the fund to know its greatest picks in 2022. Meridian Funds highlighted stocks like Rivian Automotive, Inc. (NASDAQ:RIVN) in the Q3 2022 investor letter. Based mostly in San Jose, California, Rivian Automotive, Inc. (NASDAQ:RIVN) is an electric motor vehicle corporation…