Stock Market Today, Dec. 18: Rivian Automotive Surges To 52-Week High After Analyst Upgrade and Higher Price Target
Rivian Automotive (NASDAQ:RIVN), electric truck and SUV maker, closed Thursday’s session at $20.28, up 15.03%. Rivian Automotive IPO'd in 2021 and has fallen about 75% since going public. Trading volume reached 66.4 million shares, about 36% above its three-month average of 49 million shares.Thursday’s move followed a Robert W. Baird upgrade and new price target, while investors are watching how Rivian executes its autonomy roadmap and 2026 R2 launch. How the markets moved today The S&P 500 (SNPINDEX: ^G ...