Rivian Opens at $106.75 With $93 Billion Market Value

Rivian Opens at $106.75 With $93 Billion Market Value

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Interactive Video

Business

University

Hard

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The video discusses Rivian's stock market performance, highlighting its IPO and market cap. Rivian's shares opened at $120, significantly higher than the initial $78, reflecting a strong market interest. The company's market cap reached $91.8 billion, despite limited sales of 180 cars. The potential for increased orders, especially with Amazon, is noted. Live trading updates show fluctuating prices, and expert opinions provide insights into the IPO's success and market mechanics.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the indicated opening price for Rivian shares?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the market cap of Rivian mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How many cars has Rivian sold so far according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential order volume could Rivian be looking at if the Amazon deal is increased?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about Rivian's financial visibility?

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