Rivian Automotive (RIVN) Moves 24.5% Higher: Will This Strength Last?

Rivian Automotive (RIVN) shares ended the last trading session 24.5% higher at $16.49. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.4% gain over the past four weeks.Rivian's stock surged following the release of its fourth-quarter and full-year 2024 production and delivery figures. The electric vehicle manufacturer delivered 51,579 vehicles in 2024, in line with its projected range of 50,500-52,000 units. It p ...