The shares of several EV makers have risen since last week onRivian set a record daily trading volume on Friday, with more than 180 million shares changing hands, according to Refinitiv. The stock is currently popular among retail investors, being the second most actively traded stock after Tesla on Fidelity's customer platform and it is among the top trending equities on social media site stocktwits.com.
Rivian's stock jumped to $25.63 on Friday, a 2023 peak. It has gained roughly 85% over the past eight sessions and is up nearly 40% year-to-date.
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