Where Will Rivian Automotive Stock Be in 1 Year?

This little EV maker still has a lot to prove.Rivian (RIVN 3.43%) was one of the hottest IPOs of 2021. The electric vehicle maker went public at 78onNov.10andclosedatitsrecordhighof78 on Nov. 10 and closed at its record high of 172.01 six days later. It initially impressed the bulls because it had already started mass-producing its first vehicles, and it was backed by Amazon (AMZN 0.79%) and Ford (F +1.45%). The buying frenzy in hypergrowth and meme stocks in late 2021 further inflated its valuations and amplified its gains.At its peak, Riv ...