The IPO comes as Rivian delivered its first vehicles, exclusively to its own employees, just a couple of months ago. The EV startup is hitting the stock market as it looks to make a dent in the EV ...

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

Rivian, a manufacturer of electric vehicles, filed for an initial public offering on the Nasdaq. Rivian's backers include Amazon and Ford. The IPO filing revealed the firm recorded a $994 million ...

Rivian sells three types of EVs: the R1T pickup, the R1S full-size SUV, and electric delivery vans for its top investor Amazon and other customers. Before its IPO in November 2021, Rivian claimed it ...

Rivian (NASDAQ: RIVN) is down over 90% from its IPO price, but investors still seem to hold out hope for Rivian stock. This, even though the company has been consistently missing production goals.

Photo: Rivian Rivian Automotive Inc. went public with a bang on Wednesday, in the largest initial public offering of the year and the seventh largest U.S. IPO by offer size in nearly 30 years.

Rivian’s stock price soared Thursday, a day after its Wall Street debut, valuing the company at more than $100 billion. It also had the biggest American initial public offering since Facebook.

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 is now valued at nearly $100 billion, a sign of the strong demand for EV companies among investors. Rivian stock hit a high of $113.90 per share, well above its IPO pricing of $78 per share.

I'm skeptical that Rivian’s IPO will deliver for investors, even with the lower valuation. Investors shouldn’t buy a stock just because it’s in a hot sector.

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 ...