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Rivian Stock Is Racing Higher After Hours: What's Going On? - Rivian Automotive (NASDAQ:RIVN)

Summary by Benzinga
Rivian Automotive Inc (NASDAQ:RIVN) shares are charging higher in Thursday’s after-hours session after the company finalized a loan agreement with the U.S. Department of Energy (DOE). What Happened: After the market close on Thursday, Rivian announced it closed its loan agreement with the DOE Loan Programs Office for up to $6.6 billion in financing to support the construction of its next manufacturing facility in Georgia. Rivian said the funds w…
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