Rivian $RIVN stock soars 60% in IPO as investors embrace EV sector

Teslarati
By Joey KlenderNov 10, 2021, 11:38 am202 pts
Rivian Automotive (NASDAQ: RIVN) is set for its market debut today with an implied valuation of over $100 billion thanks to an over 60% surge in share price from its IPO price of $78 per share. The most recent developments for the Rivian market debut have set the company’s initial share price at $122 per…

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