LCID - What's Going On With Rivian Automotive Stock? | Benzinga
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher Friday, and the stock has gained more than 20% as EV stocks rallied on multiple catalysts this week.
What To Know:
Several EV makers, including Lucid Group, Inc. (NASDAQ:LCID) and Tesla, Inc. (NASDAQ:TSLA), recently reported better-than-expected second-quarter vehicle deliveries which signaled to investors the recent "EV Winter" may be over. Tesla shares rallied more than 40% in the past two weeks before pulling back on news that its Robotaxi event will be delayed.
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