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Is the Rivian IPO a Buy? ($RIVN)

November 10, 2021

Rivian is an American automaker specializing in electric vehicle production. Today, the company made began its debut on the NASDAQ, trading under the ticker symbol RIVN.
LikeFolio recently added Rivian to our coverage list.
Underlying consumer Demand for Rivian’s electric vehicles has surged to new heights: +119% QoQ and +237% YoY on a 90-day moving average.

The recent uptrend in Purchase Intent Mentions coincides with the first deliveries of the Rivian ‘R1T’ electric pickup truck, which began last month after a series of delays.

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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