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Should You Buy Rivian Stock While It's Below $13?
RIVNRivian Automotive(RIVN) The Motley Fool·2024-09-26 10:57

After a brief spike, shares are back in value territory.Rivian Automotive (RIVN -6.84%) was once one of the hottest stocks in the world. In 2021, the shares peaked with a total valuation of 150billionroughly10150 billion -- roughly 10% of Tesla's market capitalization. The stock was valued at nearly 130 per share. Today, that share price is below 13,withatotalmarketvaluationofjust13, with a total market valuation of just 12 billion -- or only a fraction of its earlier size.So is now the time to buy? If you're looking for maximum growth potential, this cou ...