The United Auto Workers (UAW) union's decision to strike at three major auto plants has drawn significant attention, with the Chamber of Commerce suggesting that policies from the Biden administration may have played a role.
Rivian Automotive Inc (NASDAQ: RIVN) shares are trading higher by 5.5% to $20.80 Thursday afternoon. Shares of companies in the broader auto & auto component space are trading higher amid overall market strength following strong fourth-quarter earnings from Meta.