Why Rivian Automotive (RIVN) Outpaced the Stock Market Today
Rivian AutomotiveRivian Automotive(US:RIVN) Zacks Investment Research·2024-02-15 07:51

Rivian Automotive (RIVN) closed the latest trading day at $15.56, indicating a +1.17% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.96%. Elsewhere, the Dow gained 0.4%, while the tech-heavy Nasdaq added 1.3%.Coming into today, shares of the a manufacturer of motor vehicles and passenger cars had lost 13.69% in the past month. In that same time, the Auto-Tires-Trucks sector lost 2.76%, while the S&P 500 gained 3.69%.Analysts and investors alike wil ...