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What Is Happening With Rivian Stock?

Rivian Automotive (RIVN) increased by 37%, in the past three months, driven by a significant rise in revenue and a rapidly increasing valuation multiple. TOPSHOT - Attendees look at the new Rivian R2 electric vehicle at the Rivian South Coast Theater in Laguna Beach, California, on March 7, 2024. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)AFP via Getty ImagesThe recent surge can be attributed to strong Q3 delivery and earnings reports, an optimistic outlook and updat ...