Despite disappointing performance throughout most of 2025, shares of Rivian Automotive (NASDAQ: RIVN) are finishing the year strong. Through the Nov. 4 close, the automaker was down 6% in 2025. However, the stock has soared by 57% since then, bringing its year-to-date return to 47% through the Dec. 30 close. This comes as a series of recent developments has renewed optimism among investors.
But Rivian has a history of head-faking markets. Shares surged above $27 in July 2023, before dropping to nearly $15 in November that year. After rebounding to above $24 in December 2023, shares were down to almost $10 just six months later. The company’s consistent production issues, volatile sales growth, and lack of profitability have made Rivian hard to trust.
