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2021-11-12

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Rivian shares rose more than 8% in premarket as the stock jumped nearly 30% in its debut

Rivian shares rose more than 8% in premarket as the stock jumped nearly 30% in its debut.Rivian shares closed at $100.73 on last day, marking a nearly 30% jump from its offering price.That made Rivian the second most valuable U.S. automaker after Tesla Inc, which is worth $1.06 trillion. Despite just having started selling vehicles and having little revenue to report, Rivian ranked ahead of General Motors Co at $86.05 billion, Ford Motor Co at $77.37 billion, and Lucid Group at $65.96 billion.

Rivian shares rose more than 8% in premarket as the stock jumped nearly 30% in its debut

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Despite just having started selling vehicles and having little revenue to report, Rivian ranked ahead of General Motors Co&nbsp;at $86.05 billion, Ford Motor Co&nbsp;at $77.37 billion, and Lucid Group&nbsp;at $65.96 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173011615","content_text":"Rivian shares rose more than 8% in premarket as the stock jumped nearly 30% in its debut.Rivian shares closed at $100.73 on last day, marking a nearly 30% jump from its offering price.\nThat made Rivian the second most valuable U.S. automaker after Tesla Inc, which is worth $1.06 trillion. 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