Why is Rivian trending this morning in Google Trends?
We don’t see any reason other than the Fed’s recent rate cut, which seems to have bumped up a lot of stocks. But when a stock is the #1 searched term in a category on Google, it makes us wonder. The company, hailed as the next Tesla, has yet to make a profit. If TSLA could go to $32 Trillion, maybe a $11.8 billion market cap for RVIN isn’t so out of the question.
