Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Rivian Stock Raced Higher Today

TheMotleyFool 
0 0 18.07.23
Why Rivian Stock Raced Higher Today: https://g.foolcdn.com/editorial/images/740227/a-farmer-picks-peaches-from-a-tree-and-puts-them-in-a-basket.jpg
 

News out of the Peach State has investors feeling peachy about Rivian Automotive (NASDAQ: RIVN) this morning. The electric pickup truck maker received favorable news regarding the development of a new manufacturing facility in Georgia. Investors, consequently, seem eager to drive the stock into their portfolios today.

As of 10:54 a.m. ET, shares of Rivian are up 7.1%.

The Georgia Supreme Court decided against hearing an appeal regarding proposed property tax breaks for Rivian's new manufacturing plant situated east of Atlanta. Opponents argued that the $700 million in tax breaks that Rivian received violated the state's constitution.

Continue reading


Source Fool.com

Georgia Healthcare Group plc Stock

€0.70
2.050%
Georgia Healthcare Group plc gained 2.050% today.

Show more
Like: 0
RIVN
Share

Comments

Not a member yet? Sign up for free!