Rivian Stock Just Fell Below its IPO Price of $78 Per Share: Time to Buy?

·6 min read
Rivian Stock Just Fell Below its IPO Price of $78 Per Share: Time to Buy?

Share prices of Rivian Automotive (NASDAQ: RIVN) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. Howard Smith: Markets aren't always efficient, and that's how investors can gain an advantage.

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