Why Rivian Stock Surged More Than 20% in November

Rivian Automotive (RIVN 0.49%) didn't blow away investors with its third-quarter earnings report last month, but November was still a big month for the company and its stock. The company did reiterate some operational guidance, but parts supply issues resulting in a lower production outlook for the year forced the electric vehicle (EV) manufacturer to forecast increasing losses.Yet the stock soared by 21.1% in November, according to data provided by S&P Global Market Intelligence. That's because the longer- ...