Rivian Automotiv e ( RIVN 5.80%) stock is on a roll. A recent move higher has gone into overdrive over the past two days. That's because of yesterday's announcement that many investors see as a pivotal moment for Rivian's long-term success.

Down by 92% since its initial public offering (IPO) in021, Rivian Automotive (NASDAQ: RIVN) highlights the risks of buying a stock too early. When it hit public markets in 2021, Rivian was the second most valuable U.

Rivian Automotive (NASDAQ: RIVN) shares have been on a roller-coaster ride since the U.S. election on Nov. 5. A dip after Donald Trump's election victory was followed by a sharp surge in the shares on company-specific news.

Rivian Automotive (NASDAQ: RIVN) has been an extremely volatile stock since its initial public offering in 2021. After a recent correction, Rivian stock is now too cheap to ignore. This sales trajectory could continue with the launch of three new mass market vehicles: the R2,