Why Rivian Stock Gained While the Market Slumped Today

Investors might have been a collectively gloomy bunch on Tuesday, but they ended up being positive about the future of electric vehicle (EV) maker Rivian Automotive (RIVN 1.72%). On the back of a new and bullish analyst note, they traded the stock up by almost 2% during the day. That was in marked contrast to the general trajectory of equities, reflected in the S&P 500 index's 1.1% decrease. Potentially electrifying returnsThe analyst behind the positive note was Benchmark's Mickey Legg, who that morning re ...