Medline raises $6.3 billion in biggest IPO of year
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Stream Connecticut News for free, 24/7, wherever you are. The company's stock closed down 15%. Rivian went public last Wednesday in one of the biggest IPOs of the year. The company opened at ...
The upcoming week marks the four-year anniversary of Rivian Automotive's (RIVN) IPO and its first week share price boom. Rivian (RIVN) shares soared over 50% on the first day to top out at $170 ...
However, Rivian has yet to generate any real revenue. It said in its IPO prospectus that it will lose up to $1.28 billion in the third quarter, and revenue will only range from $0 to $1 million.
At the time of its initial public offering (IPO) in late 2021, Rivian had a market cap of over $100 billion, more than legacy ...
To support and monetize these capabilities, Rivian also announced an Autonomy+ subscription. It will be priced at $2,500 ...
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