Why Rivian Stock Is Surging Higher Today
Shares of Rivian Automotive (NASDAQ: RIVN) were trading sharply higher on Monday, after a Wall Street analyst initiated coverage of the stock with a strong recommendation.
As of noon ET, Rivian's shares were up about 12.1% from Friday's closing price.
The $45,000 Rivian R2 is due in 2026 -- just in time to benefit from expanded EV infrastructure in the U.S. Image source: Rivian Automotive.
Source Fool.com
