— The alternative meat company's shares tumbled almost 20% after reporting a wider-than-expected loss of 87 cents per share for the third quarter, compared
with expectations of 39 cents per share loss. It also missed revenue estimates, bringing in $106.4 million versus the $109.2 million forecasted by Wall Street.
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Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billionRivian's initial valuation will not be far off Ford or General Motors even though the company has barely started generating revenue. M3LONASN
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