Why Rivian Stock Was Moving Higher Today

Shares of Rivian (RIVN 10.34%) were moving higher Thursday after the electric vehicle (EV) maker got an analyst upgrade from Jefferies Wednesday night and unveiled its new R2 electric SUV at a launch event Thursday afternoon and then, in a surprise, revealed two additional compact SUV models -- the slightly smaller R3 and a "performance" variant dubbed the R3X.As of 1:29 p.m. ET, Rivian stock was up 8.1% on the news. Rivian shows signs of lifeShares of the EV start-up hit an all-time low after its fourth-qu ...