Why Electric Vehicle Stocks Like Rivian and Lucid Surged Today
Thursday was an ideal day to be an investor in most electric vehicle (EV) stocks. A sunny forecast from a noted researcher lifted sentiment on major companies in the segment, among them Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and Fisker Automotive (NYSE: FSR). The three stocks notched gains on the day of over 5%, 13%, and 9%, respectively.