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Why Rivian Stock Rocketed Higher Today

TheMotleyFool

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Why Rivian Stock Rocketed Higher Today: https://g.foolcdn.com/editorial/images/856357/r2-rearview.jpg

Rivian Automotive (NASDAQ: RIVN) gave investors an update last night, and the stock is soaring on the news. Shares of the electric vehicle (EV) maker spiked 28% higher to start Friday's trading session.

The company's earnings and 2026 guidance have shares holding onto a 20.5% gain as of 10:30 a.m. ET.

Image source: Rivian Automotive.

Source Fool.com

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