Why Shares of Rivian, Nio, and Fisker Raced Higher in December

Providing a gift to investors during the holiday season, electric vehicle stocks accelerated through the finish line of 2023 and ended notably higher than where they were at the end of November. From encouraging delivery figures to new partnerships, there was a variety of things that led investors to park Rivian (RIVN -4.04%), Nio (NIO -2.71%), and Fisker (FSR -2.01%) in their portfolios.According to data provided by S&P Global Market Intelligence, Rivian's shares skyrocketed 40%, while Nio and Fisker drove ...