Rivian Learns the Power of the Hot Stock Force: Selling It Rivian's recent stock sale has sparked a flurry of excitement and criticism in equal measure.
On the surface, it appears as though the electric vehicle (EV) maker has simply graduated to the big leagues by selling shares into an already euphoric market to raise $1. 5 billion.
However, beneath this seemingly innocuous announcement lies a more nuanced reality – one that should give investors pause. Rivian's decision to sell shares in such a favorable climate is not without precedent.