Rivian (RIVN) Climbs to Record High as New CEO Package Fuels Growth Prospects

We recently published 10 Stocks on a Hot Streak. Rivian Automotive Inc. (NASDAQ:RIVN) is one of the best-performing stocks on Tuesday. Rivian Automotive soared to a new 52-week high on Tuesday as investors placed bets on the company’s growth prospects following a new CEO compensation package that would only be awarded upon the achievement of certain milestones. According to Rivian Automotive Inc. (NASDAQ:RIVN), the compensation committee of the Board of Directors replaced CEO RJ Scaringe’s 2021 compensat ...