Rivian stock
Electric vehicle maker Rivian Automotive Incs valuation surged into the ranks of legacy automakers in a blockbuster stock market debut Wednesday that. With a market capitalization rapidly approaching 114 billion Rivian stock is now more expensive than either General Motors 89 billion or Ford Motor Company 79 billion.
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Yet over the past.
. The stock shot up before the EV makers results were released and weakened later. Find out if AMZN stock is a buy after Rivian goes public. Lordstown Stock Had a Crazy Ride.
Amazon already boasts one of the most promising valuation prospects in the market. Rivian stock is still a long way from launching its initial public offering IPOor at least no date has been announced for it yetbut the company has a whopping 800-billion valuation. Blame the Rivian Effect Not Earnings.
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