Rivian Automotive is trading 4.13% up now at $15.40 after its Also autonomous-transportation spinout announced a $150 million Series D financing round led by Prysm Capital.
- Funding is intended to accelerate autonomous vehicles for urban goods and passengers.
- The financing provides a positive strategic read-through for Rivian’s technology ecosystem.
- Shares are participating in a constructive session, though major indexes remain below the threshold for a strong broad-market explanation.