Headline Details

Electric Truck Maker Rivian Has the Biggest IPO of the Year

Published on: Wed, 10 Nov 2021 19:01:05 UTC
News Agency: Times
Description:
Rivian Automotive is having a promising debut on the stock market, with shares of the electric vehicle maker soaring more than 50%. The opening trade of $106.75 gave Rivian a market value of about $91 billion, greater than that of Ford and General Motors. That’s noteworthy because Rivian has so far delivered about 150 of…
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