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Rivian Stock Rebounds From Sell-Off On Two Price Target Raises
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Rivian Stock Rebounds From Sell-Off On Two Price Target Raises
Rivian shares rebounded on Thursday morning, jumping more than 7% in the first trading hour after two Wall Street firms lifted their price targets. Additionally, Motor Intelligence revised figures revealed that June was actually the strongest sales month of the year for the EV maker. As of publication, Rivian‘s stock was trading about 7.8% higher at $17.97, having opened at $16.53 against Wednesday’s $16.66 close. The move marks a bounce of more…
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