Why Rivian Stock Topped the Market Today
One of the more high-profile electric vehicle (EV) stocks on the scene, pickup and SUV manufacturer Rivian Automotive (RIVN 3.59%), had a fine Thursday on the stock exchange. Investors traded the company's shares up by almost 4% on news that it had secured billions of dollars in financing from a very reliable source. That rise was in contrast to the slump of the S&P 500 (^GSPC -0.21%) across the trading session; it dipped by 0.2%.The most secure lender possibleRivian divulged in a press release that it has ...