Rivian Wipeout After Breathless Rally May Mean $15 Billion of Lost Value
EV Maker Sono Group Soars in IPO. Three Others Also Made Their Debut.
Shares of the German solar-powered electric-vehicle developer rocketed nearly 155% from the $15 offer price. Also on the list were Braze, a maker of customer engagement software; Iris Energy, a crypto miner; and UserTesting, which offers software that helps companies gain insight on interactions with their customers. In all, eight companies are listing their shares this week as the IPO market prepares to shut down for the Thanksgiving holidays.