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Posted by
Two Blokes Apr 27 -
Filed in
Stock
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Electric vehicle (EV) maker Rivian (RIVN 4.42%) has proven to be a painful investment for most people who have owned the stock: Its shares today trade 93% below the all-time high of around $172 they hit in November 2021, just days after the company went public. To be fair, however, the stock was relatively overvalued at the time.