Friday, December 27, 2024

If you invested $1000 in rivian ipo stock what would the value be today?

A $1,000 investment at the $78 opening share price would've given you 12.82 shares of Rivian stock. At the current price of $8.71 as of April 17, those shares would be worth just $111.66 – a nearly 89% decline. Shares fell most sharply between December 2021 and May 2022. for complete article see:https://finance.yahoo.com/news/much-1-000-investment-rivian-200014343.html
Shares fell most sharply between December 2021 and May 2022. Following a period of relative stability during the second half of 2022, when prices hovered in the low-to-mid-$30s, they were plummeting again by the end of the year, falling below $20 per share for the first time since the IPO. A slight uptick last summer lifted prices back into the $20 to $25 range. The rally was short-lived, however, and the stock crashed again at the end of the year. It reached an all-time low of $8.26 on April 16 and closed at $8.71 that day. As disappointing as Rivian stock has been even for more recent investors — it’s down 34.90% in the last year

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