Should You Buy Rivian Stock Before Nov. 7?

The electric vehicle start-up will be giving investors an important update. The largest initial public offering (IPO) of 2021 has come back down to earth. Electric vehicle (EV) upstart Rivian Automotive (RIVN -0.76%) went public with a $100 billion market cap, raising over $10 billion in the process. Today, its stock is down 94% from all-time highs as production stalls and the company burns enormous levels of cash every quarter. Its market cap is only $10.5 billion today. Management will be updating investo ...