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Market Update

What’s Next for Rivian After a Supercharged IPO?

Even with a sound business strategy, hot new stocks often run out of steam.

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Rivian Automotive (RIVN) has had a supercharged debut as a stock, racing more than 50% above its initial public offering price in its first two days, including a nearly 30% pop on day one.

Margaret Giles does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.