Rivian stock is seeing a modest pre-market uptick (+0.29%) following the disclosure via SEC filing that CEO Robert Scaringe sold 17,450 shares on December 23.
- The stock closed the previous session at $20.67, declining 1.10% in line with broader market weakness amid thin holiday volumes.
- Despite recent volatility, Rivian maintains strong year-to-date gains of approximately 60%, driven by announcements regarding the cheaper R2/R3 models and AI advancements.