Cathie Wood reportedly said Ark Invest won't buy Rivian stock due to the EV maker's 'rich' valuation
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Cathie Wood reportedly said Ark Invest won't buy Rivian stock due to the EV maker's 'rich' valuation
Wood's comments came before Rivian's first public trades this afternoon, when the company was valued closer to $76 billion based on its $78 IPO price.
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