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$Rivian Automotive (RIVN.US)$ soars +13.97% on announcement ...

$Rivian Automotive(RIVN.US)$ soars +13.97% on announcement of deal for $AT&T(T.US)$ to purchase its vans and R1 vehicles for its commercial fleet.
$Rivian Automotive (RIVN.US)$ soars +13.97% on announcement of deal for $AT&T (T.US)$ to purchase its vans and R1 vehicles for its commercial fleet.
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  • Anyway : Thanks for sharing those news. Most likely this was not the only factor behind the recent rise. The other one was news about interest rates. Auto manufacturers make more profit when rates are lower. There were raises on multiple stocks and sectors affected by interest rates.

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