Here's Whether Rivian Stock Is a Buy After the IPO
February 11, 2020 at 13:16 PM EST
Rivian isn't a household name yet, but it will be soon. The company has been called the "Tesla Killer." It was valued at $7 billion in December 2019 after receiving over $2.2 billion from startup investors. And that was before it received another $1.3 billion investment from T. Rowe Price Group Inc. (NASDAQ: TROW) in the same month. T. Rowe Price isn't the only big name investor. Rivian has been given $700 million from Amazon.com Inc. (NASDAQ: AMZN) and $500 million from Ford Motor Co. (NYSE: F). But does all that mean you should buy Rivian stock following the IPO? Read more... Tags: IPOs To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Here's Whether Rivian Stock Is a Buy After the IPO appeared first on Money Morning - We Make Investing Profitable .