Home Stock Rivian ranked third-largest automaker behind Tesla and Toyota: here is where to buy Rivian stock

Rivian ranked third-largest automaker behind Tesla and Toyota: here is where to buy Rivian stock

by

Rivian (RIVN) stock has maintained a bullish rally post its successful IPO. The stock has gained +64.01 (59.27%) in the past five days and +71.28 (70.76%) in the past year.

Rivian is currently ranked at position three among largest automakers by market cap. The first two slots goes to Tesla and Toyota.

To help stock traders eying the Rivian stock, Invezz has created a brief article on what it is and the best places to buy it.

To find out more, please continue reading.

Best places to trade RIVN Stock

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.


Register with eToro instantly

Webull

Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.


Register with Webull instantly

What is RIVN stock?

RIVN stock is the stock of Rivian Automotive and it trades on NASDAQ under the symbol NASDAQ: RIVN.

Rivian Automotive is an American company that deals with electric vehicle production. It was founded in 2009.

Rivian rolled out its first all-electric pickup truck on September 14 entering the electric vehicles industry with a bang as it competes with the likes of Tesla and Lucid.

After conducting a monster IPO on Nov. 9, the company has gone ahead to become the third-largest automaker after Tesla and Toyota.

Should I buy the NASDAQ: RIVN stock today?

Yes. Most investors expect the RIVN stock to continue rising into the future.

Rivian stock price prediction

Rivian stock price is expected to continue rising especially following the company’s performance in the electric automating industry that is taking the world by storm.

$RIVN stock social media coverage

Rivian’s market cap just passed Citigroup’s.

Yes, that Citigroup:
Founded in 1812
200 million customer accounts
4,600 branches
World’s largest credit card issuer
204,000 employees
$72 billion in revenue
$23 billion net income
$2.3 trillion in total assets$RIVN $C pic.twitter.com/7X3zafMB3I

— Charlie Bilello (@charliebilello) November 16, 2021

Rivian $RIVN becomes the 3rd largest automaker by market cap without having sold a single car. pic.twitter.com/O1sigbWwp0

— CompaniesMarketCap.com (@CompaniesMarke1) November 16, 2021

The post Rivian ranked third-largest automaker behind Tesla and Toyota: here is where to buy Rivian stock appeared first on Invezz.

You may also like