Reported 5 months ago
The article discusses the performance of Rivian stock since its IPO in 2021, highlighting the significant growth in sales but the substantial decrease in stock value. If an individual had invested $500 in Rivian stock in 2021, it would only be worth $51 today, reflecting a loss of nearly 90%. The article emphasizes the importance of considering a company's long-term investment value and not solely focusing on rapid growth. While there are reasons to be optimistic about Rivian's current valuation, the article serves as a cautionary tale about the disconnect between a company's growth trajectory and its stock price.
Source: YAHOO