If You'd Invested $500 in Rivian Stock 3 Years Ago, Here's How Much You'd Have Today

Rivian went public in 2021. If you had invested the day of the IPO, how much would you have now?Rivian (RIVN 4.92%) stock went public in 2021 to great fanfare. At the time, shares traded at a price-to-sales ratio of 60. That type of valuation is typically reserved only for hypergrowth companies. If you had put $500 into Rivian stock the day it went public, how much would you have right now? The answer might surprise you.A $500 investment in Rivian would now be worth this muchInvesting in growth stocks can b ...