Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why Rivian Stock Jumped This Week

TheMotleyFool

0 0

Here's Why Rivian Stock Jumped This Week: https://g.foolcdn.com/editorial/images/873111/rivian-white-r2-under-oak-trees.jpg

There haven't been any official news releases by Rivian Automotive (NASDAQ: RIVN) this week, yet the stock has been soaring. That's because the company has been communicating directly with R2 reservation holders, helping to build buzz for its launch.

Rivian stock has risen 25% over the last month as investors anticipate the launch of its R2 electric SUV. That includes an 11% move higher this week, as of Friday morning, according to data provided by S&P Global Market Intelligence.

Image source: Rivian Automotive.

Source Fool.com

Like: 0

RIVN

Share