Rivian Surges 24%: Is it Still an Opportune Time to Buy the Stock?

Rivian Automotive Inc.’s (RIVN) stock gained more than 24% on Jan. 3 after the upstart electric vehicle (EV) maker released its production and delivery numbers for the fourth quarter and full-year 2024. The company reported that its results aligned with earlier predictions, demonstrating it met its targets despite facing challenges, which impressed Wall Street.With this sharp increase, investors may be wondering whether it’s still a good time to buy shares of the American automotive manufacturer. Before add ...