Why not to buy Rivian stock?
Nov 10, 2021 · Shares of Rivian originally priced at $78 a piece Tuesday night, but popped more than 50% Wednesday when it opened at $106.75 per share, before paring some of those gains later in the afternoon ...
Is Rivian a good investment?
Nov 15, 2021 · Rivian's stock debuted on public markets on Nov. 10, 2021 through a highly-anticipated initial public offering . As many as 153 million shares were sold at an initial offering price of $78.00 ...
Could Rivian stock help you become a millionaire?
Aug 27, 2021 · Bloomberg, which first reported the news, said Rivian is seeking a valuation of roughly $80 billion, and eyeing an IPO around Thanksgiving. CNN Business has not independently confirmed the report....
Is Rivian worth it?
Nov 10, 2021 · By Sean O'Kane @sokane1 Nov 10, 2021, 1:19pm EST Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history. Rivian...
What date does Rivian go public?
November 9, 2021If you're thinking of investing in the electric vehicle (EV) sector, then popular electric pickup and SUV maker Rivian Automotive Inc. has filed to go public, with its debut taking place on November 9, 2021.Dec 8, 2021
Will Rivian be publicly traded?
Rivian is an EV manufacturer and provides related accessories and services. Rivian went public under the ticker "RIVN" on Nov. 10, 2021 at an initial offering price of $78.00.Nov 15, 2021
How do I invest in Rivian before IPO?
How to Buy Rivian Stocks Before the IPO (Offering Price) Technologies and marketplaces changed the rules of the game, now regular investors can get pre-IPO shares. To participate in Rivian IPO you need to use an IPO investing app like Freedom Finance (NASDAQ: FRHC), TD Ameritrade or Fidelity.Nov 10, 2021
What price will Rivian IPO at?
$78 per shareThis EV newcomer is on sale for its lowest price in months. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share.Jan 17, 2022
When can I buy Rivian stock?
Rivian is expected to hold its IPO sometime in 2021 or 2022. Some analysts have predicted an IPO as early as September 2021. Others suggest that the IPO may wait until vehicle deliveries begin. As with all IPOs, the schedule could change according to market conditions.Mar 10, 2022
How do I buy shares in Rivian?
How to buy shares in RivianCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
Why is Rivian stock going down?
Shares of Rivian tumbled 7% Friday after the electric-vehicle maker reported lackluster quarterly earnings and warned that supply chain issues would limit vehicle production in 2022, but despite struggling since going public last year, analysts still love the stock and remain optimistic about a rebound.Mar 11, 2022
Is Rivian the next Tesla?
The company has just begun producing its R1T electric pickup truck, and so far, it has delivered only a handful. However, it claims to have some 55,000 reservations for the pickup and the R1S SUV, and has big ambitions to produce 1 million vehicles by 2030....More videos on YouTube.CategoryOpinionMakeTesla Rivian1 more row•Nov 27, 2021
Why the Rivian IPO Matters
Rivian's IPO raised nearly $12 billion, making it the largest IPO in the U.S. since 2014. The stock was up more than 21% from its initial opening price to the close of trading on Nov. 12, 2021, three trading days after the IPO. 9 4 The broader U.S. equity market, as measured by the S&P 500, was basically flat over the same period.
Rivian Financials
Rivian provided recent financial results in its IPO prospectus. Until the quarterly period ended Sept. 30, 2021, the company had not produced or delivered any vehicles and thus had not generated substantial revenue. It delivered its first 11 R1Ts in September 2021, having produced a total of 12 during the quarter.
How Much is Rivian Worth?
Rivian's shares finished trading at a price of $129.95 on Nov. 12, 2021. At that price, the company's total market cap was $127.3 billion, nearly double the valuation estimated based on the initial offering price. 22 2 Prior to the IPO, the company's last private funding round took place on July 23, 2021.
Rivian Key Competitors
Rivian faces a wide range of competitors both in the broader automobile industry and in the small, but fast growing EV segment. The company expects competition in the EV market to intensify due to a greater regulatory push for alternative fuel vehicles and other factors.
The Bottom Line
EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. It went public on the Nasdaq on Nov. 10, 2021 at an IPO price of $78.00, raising nearly $12 billion. The company's shares, which trade under the ticker symbol "RIVN", closed trading on Nov.