Lucid and Rivian Are Soaring Again. Which EV Stock Is The Better Buy?

Share prices of up-and-coming electric vehicle (EV) players, Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) are climbing higher. As with most unprofitable growth stocks, one day's gain could be the next day's loss as short-term volatility is par for the course.

While it's important not to get caught up with day-to-day price action, even long-term investors stand to benefit from monitoring major events so they can filter headlines and determine if a certain news item could have a material impact on the future of a business. Here's the latest on Lucid and Rivian and what it means.

Image source: Rivian Automotive.

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Source Fool.com