Is the Rivian IPO worth the hype? - morningstar.com.au

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Automaker Rivian's IPO Is Electric - Morningstar

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Nov 10, 2021 · Investors weren’t discouraged by the Rivian IPO’s higher-than-expected share price. Rivian stock soared upon its trading debut, gaining over 50% to reach $119.38 per share.

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Rivian Automotive IPO Will Test Whether EV Stocks Can Keep Living …

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Nov 10, 2021 · Eleven years after Tesla debuted at a total worth of under $2 billion, Rivian is eyeing a monster valuation of $77 billion and a possible slot among the top 10 biggest IPOs in …

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Rivian Goes Public In One Of The Biggest IPOs Ever

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Nov 10, 2021 · EV startup Rivian has debuted on the Nasdaq stock exchange after one of the biggest public offerings ever. The Amazon-backed company raised nearly $12 billion and now …

theverge.com

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Rivian’s IPO Shows Investors Are Still Keen On Venture-like Risks

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Nov 10, 2021 · Nowhere is that more apparent than in the IPO of electric vehicle maker Rivian. The company is set to go public on Wednesday after raising an eye-watering $11.9 billion, …

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Rivian Valued At Over $100 Bln In Debut, After World's Biggest IPO …

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Nov 11, 2021 · The IPO allowed Rivian to raise about $12 billion to fund growth, and that figure could rise to $13.7 billion if the full over-allotment of shares is exercised.

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Rivian Is America’s Biggest IPO Since Facebook - CNN

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Nov 10, 2021 · What’s driving the hype? After some choppiness, electric vehicle stocks are hot again. Late last month, Tesla became the first automaker to be worth more than $1 trillion. …

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Rivian Shares Surge In Largest U.S. IPO Since 2014 - WSJ

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Nov 11, 2021 · The closing price gave Rivian RIVN-7.98 % decrease; red down pointing triangle a valuation of roughly $86 billion, based on the expected number of shares outstanding. On a …

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Rivian Stock Price Soars 29% In IPO, Valuing EV Firm At Nearly …

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Electric truck maker Rivian soared as much as 46% in its IPO trading debut on Wednesday. Rivian is now valued at nearly $100 billion, a sign of the strong demand for EV companies …

businessinsider.com

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Rivian Automotive Stock Soars In Trading Debut, In The Largest IPO …

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Nov 10, 2021 · Rivian priced its IPO late Tuesday at $78, and the stock’s first trade was at $106.75 Last Updated: Nov. 10, 2021 at 9:12 p.m. ET First Published: Nov. 10, 2021 at 1:08 …

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Rivian Early Investor Says Best Years Are Ahead - Morningstar

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Nov 30, 2021 · The holding would be worth roughly US$15 billion ($21 billion) today. Amazon ( AMZN ) and Ford ( F ) are also major shareholders, with 18% and 11% stakes, respectively. At …

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FAQs about Is the Rivian IPO worth the hype? - morningstar.com.au Coupon?

How much did Rivian's IPO cost?

Rivian's stock debuted on public markets on Nov. 10, 2021 through a highly-anticipated initial public offering (IPO). As many as 153 million shares were sold at an initial offering price of $78.00, valuing the company at $66.5 billion. The offering raised nearly $12 billion in financing to fuel growth. ...

Why is Rivian IPO so important?

The IPO is being closely watched for good reason. That’s because it is one of the largest IPOs that the U.S. has seen in the past decade. The company has priced its IPO at $78 a share to raise about $11.9 billion. The IPO comes as Rivian delivered its first vehicles, exclusively to its own employees, just a couple of months ago. ...

How much is Rivian stock worth?

The shares began trading on the Nasdaq under the symbol "RIVN" at an opening price of $106.75. The stock closed the day trading at $100.73 per share, giving the company a valuation of approximately $86 billion. That's more than the market capitalization of Ford Motor Co. (F), one of Rivian's major financial backers. ...

Is Rivian Automotive (Rivn) a good stock to buy?

Rivian Automotive ( NASDAQ: RIVN) is charged up and ready to start trading in the stock market today in what is sure to be one of the hottest IPOs recently. The IPO is being closely watched for good reason. That’s because it is one of the largest IPOs that the U.S. has seen in the past decade. ...

Why is Rivian stock getting so much attention on Wall Street?

Why Is Rivian Stock Gathering So Much Attention On Wall Street?Rivian Automotive (NASDAQ: RIVN) is charged up and ready to start trading in the stock market today, in what is sure to be one of the hottest IPOs recently. The IPO is being closely watched for good reason. ...

How did Rivian perform in the IPO prospectus?

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. ...