Why Rivian Stock Popped Today
Electric truck start-up Rivian (NASDAQ: RIVN) stock is up a strong 4.4% as of 11:45 a.m. ET Tuesday on some very curious news.
According to The Wall Street Journal, Rivian's chief operating officer, Rod Copes, left the company in December. And while the Journal relayed a comment from the company that this departure was "planned for months," not only has there not yet been a Securities and Exchange Commission (SEC) filing about it, at the time the Journal wrote its story, it pointed out that "Mr. Copes was still identified on Rivian's website as the company's operations chief."
Rivian has since removed Copes' bio from its website.
Source Fool.com