Rivian stock falls by as much as 18% to mark its first stumble since the company’s IPO
November 17, 2021 at 12:03 PM EST
Rivian Automotive Inc. stock fell by as much as 18% in midday trading Wednesday, the first stumble after taking Wall Street by storm last week in the year's biggest initial public offering and one that is among the largest U.S. deals in nearly three decades.