Rivian stock has dropped 50% in 2024, and is now 86% below its IPO price of $78.
There's good reason why Rivian Automotive (RIVN 17.41%) shares are soaring to start the holiday-shortened trading week.
Shares of electric truck startup Rivian Automotive fell Friday following the company's first quarterly earnings report as a
Shares were up double digits again Monday.
Rivian, which has just started deliveries of its battery-powered pickup truck, surged in its first day of trading after complet