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Why Rivian Revved Up the Nasdaq Tuesday

Why Rivian Revved Up the Nasdaq Tuesday

Stocks are trying to make up for lost time, having posted a huge jump on Monday and looking to follow it up with further gains Tuesday morning. As of shortly before 10 a.m. ET, the Nasdaq Composite (NASDAQINDEX: ^IXIC) had risen nearly 3% to build on Monday's performance. One of the best performers on the Nasdaq early Tuesday was Rivian Automotive (NASDAQ: RIVN), as the electric vehicle specialist was upbeat about its prospects for the remainder of the year, reassuring shareholders.