WebNov 10, 2024 · Rivian sold over 150 million shares in the IPO, raising almost $14 billion and giving the company a value of $66.5 billion. Evidently, many investors saw great potential for them to compete with Tesla. Rivian IPO price was set at $78 but opened at $106.75 on the day. The stock price grew 70% within the first week of trading and reached $179. Web1 day ago · Rivian Automotive ( NASDAQ: RIVN) shares logged a ~4% drop premarket on Friday following downgrade by Piper Sandler. The investment bank lowered its …
Is Rivian Stock a Good Buy? What You Need To Know GOBankingRates
Web19 hours ago · Rivian’s stock has fallen over 66% over the past 12 months and is down 92% from its all-time high (ATH) of $172.01 per share in November 2024, a day after its IPO. Web1 day ago · 10 stocks we like better than Rivian Automotive When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, … simple minds lead singer married
Rivian’s IPO filing is now public - TechCrunch
WebOct 7, 2024 · In fact, Rivian says the $3.67 billion it has in cash, the proceeds it raises from the IPO, and $750 million in pre-approved loans backed by its assets is enough to cover … WebJun 30, 2024 · What happened on the day of Rivian's IPO? The Rivian IPO occurred on November 9 2024 on Nasdaq. The company priced 153 million shares at $78 a share to raise $11.9 billion for a valuation of some $66.5 billion. The pricing was above the initial target range of $72-74. WebOct 19, 2024 · If Rivian is successful in its target to raise between $5 billion to $8 billion in its IPO, that would result in a valuation of up to $80 billion. This would place it ahead of Ford, with a... raw wood food trays