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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Weather Man" data-source="post: 16693944" data-attributes="member: 137766"><p><h3>Rivian blazes to new high and has a bigger valuation than Honda, Ferrari and Fisker combined</h3><p>Nov. 15, 2021 12:52 PM ET<a href="https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ARIVN" target="_blank">Rivian Automotive, Inc. (RIVN)</a><a href="https://seekingalpha.com/author/sa-editor-clark-schultz?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews" target="_blank">By: Clark Schultz</a>, SA News Editor<a href="https://seekingalpha.com/news/3770810-rivian-blazes-to-new-high-and-has-a-bigger-valuation-than-honda-ferrari-and-fisker-combined#comments" target="_blank">11 Comments</a></p><p></p><p><img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1352304087/medium_image_1352304087.jpg" alt="Electric Vehicle Company Rivian Sets IPO" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Spencer Platt/Getty Images News</p><p></p><p></p><ul> <li data-xf-list-type="ul">Rivian Automotive (NASDAQ:<a href="https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">RIVN</a>) is 13.73% higher and traded at a new high of $150.39 earlier in the session to take the market cap to over $115B. The valuation on Rivian (<a href="https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">RIVN</a>) is now more than the market caps of Honda Motors, Fisker and Ferrari combined.</li> <li data-xf-list-type="ul">Trading volume on Rivian is already over 41M shares just halfway through the session.</li> <li data-xf-list-type="ul">There is some news out today on the electric vehicle upstart, with the <em>Atlanta Journal-Constitution</em> reporting that Rivian is in late-stage talks to open a vehicle manufacturing and battery plant in the Atlanta region.</li> <li data-xf-list-type="ul">Interest in Rivian (<a href="https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">RIVN</a>) is not cooling off even with<a href="https://seekingalpha.com/news/3770735-ev-stunner-lucid-air-wins-motor-trend-car-of-the-year-award?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank"> Lucid Group</a> and <a href="https://seekingalpha.com/news/3770642-polestar-creates-even-more-electric-vehicle-buzz-ahead-of-spac-deal?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">Polestar-Gores Guggenheim</a> catching noticeable attention today.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16693944, member: 137766"] [HEADING=2]Rivian blazes to new high and has a bigger valuation than Honda, Ferrari and Fisker combined[/HEADING] Nov. 15, 2021 12:52 PM ET[URL='https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ARIVN']Rivian Automotive, Inc. (RIVN)[/URL][URL='https://seekingalpha.com/author/sa-editor-clark-schultz?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews']By: Clark Schultz[/URL], SA News Editor[URL='https://seekingalpha.com/news/3770810-rivian-blazes-to-new-high-and-has-a-bigger-valuation-than-honda-ferrari-and-fisker-combined#comments']11 Comments[/URL] [IMG alt="Electric Vehicle Company Rivian Sets IPO"]https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1352304087/medium_image_1352304087.jpg[/IMG] Spencer Platt/Getty Images News [LIST] [*]Rivian Automotive (NASDAQ:[URL='https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']RIVN[/URL]) is 13.73% higher and traded at a new high of $150.39 earlier in the session to take the market cap to over $115B. The valuation on Rivian ([URL='https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']RIVN[/URL]) is now more than the market caps of Honda Motors, Fisker and Ferrari combined. [*]Trading volume on Rivian is already over 41M shares just halfway through the session. [*]There is some news out today on the electric vehicle upstart, with the [I]Atlanta Journal-Constitution[/I] reporting that Rivian is in late-stage talks to open a vehicle manufacturing and battery plant in the Atlanta region. [*]Interest in Rivian ([URL='https://seekingalpha.com/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']RIVN[/URL]) is not cooling off even with[URL='https://seekingalpha.com/news/3770735-ev-stunner-lucid-air-wins-motor-trend-car-of-the-year-award?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews'] Lucid Group[/URL] and [URL='https://seekingalpha.com/news/3770642-polestar-creates-even-more-electric-vehicle-buzz-ahead-of-spac-deal?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']Polestar-Gores Guggenheim[/URL] catching noticeable attention today. [/LIST] [/QUOTE]
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