Rivian Soars 50% After $1 Billion Investment From Volkswagen, Record Shorts Squeezed
June 25, 2024 at 22:30 PM EDT
One can almost feel happy for the long-suffering RIVN longs who saw their stock price surge more than 50% after hours when Germany's largest car company Volkswagen announced it would invest $5 billion to form a joint venture with Rivian
