Lucid Stock Jumps 8%, Thanks to Rivian

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Lucid Stock Jumps 8%, Thanks to Rivian

Tiger Newspress2024-06-26

Rivian shares soared 35% in premarket trading Wednesday following news that German automaker Volkswagen plans to invest $5 billion in the electric vehicle (EV) startup as part of a joint venture to create industry-leading vehicle software technology.

Rivian also lifted its rival Lucid stock. The shares jumped 7.6% in premarket trading.

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migua
·2024-06-26
What is it got to do with lucid?
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- Option Witch:
  They are both US EV makers, and the rise of one stock often boosts others
  2024-06-26
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HzxS
·2024-06-26
Shorting anyone ne?
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