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Rivian Automotive (NASDAQ: RIVN) has been an extremely volatile stock since its initial public offering in 2021. After a recent correction, Rivian stock is now too cheap to ignore. This sales ...
Since Rivian went public in 2021, its sales have grown from a few hundred million dollars annually to more than $4.5 billion. ... Why Rivian stock is so cheap. Every three months, public companies ...
Following another decline, Rivian shares are now priced below $12 -- just pennies above the $11 mark. Now trading at its cheapest valuation in years, is now finally the time to buy this growth ...
Over the past 12 months, Rivian (NASDAQ: RIVN) shares have been stuck under $20. That's a far cry from their all-time high of around $130. That's a far cry from their all-time high of around $130.
All that said, Rivian's valuation has gotten too cheap to ignore. Shares, for example, trade at an 80% discount to Tesla on a price-to-sales basis. Even before the stock falls below the $10 mark ...
Rivian Automotive (NASDAQ: RIVN) hasn't been immune to the EV drop. But it's premature to write the obituaries of electric vehicle companies, especially Rivian.