Rivian $RIVN stock soars 52% in IPO as investors embrace EV sector

UPDATED 1:13 PM EST: Revised IPO opening to 52% from 60%. Rivian Automotive (NASDAQ: RIVN) is set for its market debut today with an implied valuation of over $93 billion thanks to an over 52% surge in share price from its IPO price of $78 per share. The most recent developments for the Rivian market … Continue reading Rivian $RIVN stock soars 52% in IPO as investors embrace EV sector