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Why Arrival Stock Got Mashed on Monday

Why Arrival Stock Got Mashed on Monday

European electric vehicle (EV) start-up Arrival (NASDAQ: ARVL) was departing from plenty of investor portfolios on Monday. The company's share price fell by over 5%, on a generally good day for the stock market overall. Arrival, a relatively small player in the expanding EV market, disclosed on Monday that said investor is selling up to 250 million Arrival shares.