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Benzinga

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Joel Elconin

PreMarket Prep Stock Of The Day: Rivian Automotive's Rough Ride

Rivian Nasdaq Rivian Automotive Inc RIVN Dennis Dick

It has been rough going in the SPAC/IPO market in 2022 for most issues. One of the worst performers has been Rivian Automotive Inc (NASDAQ:RIVN), which is the PreMarket Prep Stock of the Day.

Off To A Hot Start: Rivian made its debut on Wall Street on Nov. 10, with the first print at $106.75. It went on to make an intraday low at $95.20 and ended the inaugural session at $100.73.

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