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Rivian Shares Surge Over 4% In Friday Pre-Market Following $6.6 Billion DOE Loan Agreement - Rivian Automotive (NASDAQ:RIVN)

Summary by Benzinga
Rivian Automotive Inc (NASDAQ:RIVN) experienced a 4.02% increase in pre-market trading on Friday, according to Benzinga Pro. This comes after the company finalized a significant loan agreement with the U.S. Department of Energy (DOE) on Thursday. The DOE Loan Programs Office has committed up to $6.6 billion in financing to Rivian. This funding will support the construction of a new manufacturing facility in Georgia, which ...Full story available…
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