Surprising AI news sends Rivian stock surging
The EV startup is making a bold move that investors will love.
After weeks of struggling and high volatility, many tech stocks are back in the green today, including Rivian Automotive (RIVN) .
The electric truck and SUV producer made a massive splash in November 2021 with its record-setting initial public offering (IPO). But in the years since, it has been forced to work hard to remain competitive in an increasingly competitive electric vehicle (EV) market and an increasingly uncertain economy.