markets
RIVN +6.28% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
RIVN surging +6.28% intraday to $16.155 — best EV move in today's session.
Rivian breaking out hard off the $15.20 prior close with volume-driven momentum as broader markets hold steady. QQQ is up only 0.26%, making RIVN's move a clear sector-specific catalyst, not a tape lift. ASTS is getting crushed -17% today, showing capital rotating out of high-flyers into beaten-down names like RIVN.
Watch: $16.50 as the next intraday resistance — a clean hold above $16.155 into the close sets up continuation. If momentum fades, $15.80 is the first support to monitor for re-entry.