The electric car company Rivian is among the three most expensive car manufacturers in the world , reached a capitalization of $ 153 billion at the close of trading on November 16, according to data from the NASDAQ exchange. Rivian shares rose to $ 179.47 on November 16, 20 percent higher than their mark, due to increased investor interest. at the close of trading the day before and 130 percent more than the value of securities at the IPO on November 9 ($ 78). At its peak on Nov. 16, the auto stock was worth more than 90 percent of the S&P 500's most valuable US stocks, including Goldman Sachs, Boeing, Citigroup, Starbucks and Caterpillar.
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