Rivian's Stock: A Rollercoaster Ride

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Rivians Stock: A Rollercoaster Ride in the Electric Vehicle SectorRivians shares have seen thirty-one movements greater than five percent in the past year, with the stock currently trading at seventeen dollars and thirty-nine cents per share, close to its fifty-two-week high. However, early investors who put one thousand dollars into Rivians initial public offering in November 2021 would now see that investment valued at only one hundred seventy-two dollars and fifty-nine cents. This ongoing fluctuation and the stark contrast between its recent performance and its initial offering price continue to make Rivian a fascinating, albeit unpredictable, stock to watch in the electric vehicle sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.