LCID - Rivian dazzles in IPO debut but other electric vehicles stocks are in reverse

Rivian Automotive (NASDAQ:RIVN) is down about 6% from where it started trading earlier today, but is still about 28% higher than the IPO pricing level. Shares of Rivian have ranged from $95.20 to $119.44 on high volume and the stock had a market cap of over $100B for a brief time before settling back. Rivian was still in triple digits at $100.01 at last check. Is Rivian (RIVN) stealing some attention away from other EV stocks with its market cap well over $80B? The general direction of the market is lower today with the Nasdaq down 2%, but there are some notable declines for EV names like Lucid Group (LCID -9.5%), GreenPower Motor Company (GP -8.1%), Ayro (AYRO -7.8%), Electrameccanica Vehicles (SOLO -7.7%), Fisker (FSR -7.1%), Canoo (GOEV -6.5%), Hyliion Holdings (HYLN -15.5%), QuantumScape (QS -7.7%), Proterra(PTRA -5.5%), Nikola (NKLA -3.8%) and Electric Last Mile Solutions (ELMS -3.9%). Analyst are in

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Rivian dazzles in IPO debut but other electric vehicles stocks are in reverse