Amazon-backed electric vehicle (EV) maker Rivian sold shares in its initial public offering (IPO) at $78 per share, above its target range, to raise about $10.5 billion, people familiar with the ...

Amazon now owns some 22% of Rivian and has invested more than $1.3 billion into the company thus far. At the latest offering price, that stake would be worth approximately $12.5 billion.

Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.

It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. The sell-off marks over a 55% drawdown from the stock's all-time intraday high of $179.47 ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rivian stock is preparing for an initial public offering (IPO) and a new price range for RIVN will see it reach a massive valuation.

Even if Rivian's stock price fluctuates in the months ahead, the company got what it needed most from its IPO: cash. The company raised $12 billion, a sum that took Tesla 17 years to raise in ...

EV company Rivian Automotive Inc RIVN made its Wall Street debut in early November with a high-profile initial public offering of shares priced at $78. Immediately after its listing, the stock was ...

Rivian Automotive Inc. (NASDAQ: RIVN) started trading on the Nasdaq stock exchange with an expected opening share price between $72 and $74, but it blew expectations out the gate at $107 per share.

Rivian stock plunged as much as 17% Thursday, dipping below its IPO price of $78, as the EV startup continued to reel from Amazon's new deal with Stellantis to purchase competing electric vans.

The increased price band follows a successful investor roadshow this week, as Wall Street's big IPO investors bet on Rivian to be the next big player in a sector dominated by Tesla (TSLA.O).

Rivian had earlier marketed 135 million shares at $72 to $74 after elevating that range from $57 to $62, according to filings with the U.S. Securities and Exchange Commission.