Why Rivian Stock Surged in Early Trading Today

Why Rivian Stock Surged in Early Trading Today

Shares of electric vehicle maker Rivian Automotive (NASDAQ: RIVN) opened higher on Wednesday. After two days of volatile trading, investors and traders appeared to be in a more upbeat mood while awaiting the results of the Federal Open Market Committee's (FOMC) meeting. It has been a wild week for shares of early-stage growth companies, including those of Rivian and other electric vehicle makers.