Why Shares of Rivian, Lucid, and Nio Popped Today
In early afternoon trading, the S 500 is struggling to recover from a drop earlier in today's session. Electric vehicle (EV) stocks are treading a less rocky road thanks to an announcement from carmakers that is powering excitement for several upstart EV companies: Rivian (NASDAQ: RIVN), Lucid (NASDAQ: LCID), and Nio (NYSE: NIO).
As of 1:57 p.m. ET, shares of Rivian and Nio are up 6.1% and 10.2%, respectively, while Lucid is up 3.1%, paring back its earlier gain of 6.6%.
EV drivers throughout North America will soon have greater access to charging stations thanks to a new plan announced by General Motors and six auto industry partners: , Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis.
Source Fool.com
BMW AG ADR Stock
€25.60
-2.290%
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With a target price of 125 € there is potential for a 388.28% increase which would mean more than doubling the current price of 25.6 € for BMW AG ADR.
