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As Rivian Automotive Inc (NASDAQ:RIVN) stock trades more than 85% down compared to the post-IPO high of $172.01, the question arises: where’s the floor? Promising IPO in a High-liquidity Market Rivian shares shot up 53% in its Nasdaq debut in November 2021, taking the electric vehicle (EV) maker’s valuation to over $100 billion. Shares of […]
https://www.valuewalk.com/after-ford-dumps-8-million-shares-is-now-a-time-to-go-long-on-rivian/