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Since Rivian's IPO, shares have lost about 90% of their value -- a horrible scenario for long term investors. A single share of Rivian, purchased for $78 on the date of the IPO, would be worth ...
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 ...
The electric vehicle maker Rivian has confirmed that it is planning to pursue an initial public offering (IPO) this fall, aiming for a valuation roughly 350 times that of Tesla’s IPO in 2010.
In addition, Rivian has granted underwriters a 30-day option to purchase up to 22.95 million additional shares at the IPO price.
The Rivian IPO is coming to the market. The electric vehicle unicorn filed confidentially in August and the paperwork is public. Here’s what investors should know… Rivian IPO: About the Business ...
Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO ...
Rivian’s offering, if successful, would be the first non-SPAC IPO for a pure-play electric vehicle maker in more than a decade. That path was originally paved by Tesla (NASDAQ: TSLA) in 2010.
Investors should avoid Rivian stock after its IPO for 4 key reasons, an equity-research firm says By Mark Matousek Rivian Nov 5, 2021, 3:04 AM PT ...
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 ...
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.
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