Rivian $1.2B stock offer puts R2 momentum in focus even as deliveries rise
Rivian Automotive, Inc. started trading Wednesday after confusion over Nasdaq’s 2026 calendar was cleared. Nasdaq listed July 3 as the last U.S. exchange holiday, not July 8. The stock traded around $16.33 in late morning, moving between $15.46 and $16.34 so far. Volume was above 60 million shares. Traders saw no panic selling under the offer price, but no rally either.
