Rivian (RIVN) stock rises almost 50% after hours off back of investor call
Electric vehicle maker Rivian Automotive Inc (NASDAQ: RIVN) hosted an open investors’ call last night, at 6pm Eastern Time, at which it discussed the new $5 billion dollar deal that sent the Rivian stock price soaring yesterday. The Rivian stock priceAs a result, Rivian’s share price rose $5.97, or 49.92%, in after-hours trading. At the time of this article going to press, Rivian’s stock was already up 8.63% today in premarket trading, to a current share price of $11.96. Volkswagen to invest $5 billion into RivianOn June 25 yesterday, both Volkswagen Group (ETR: VOW3) and Rivian announced that...