Bonanza: Rivian valued at over $100B in debut, after world’s biggest IPO of 2021 (RIVN +29.14%)
Purchase: Foxconn buys Lordstown Motors’ old GM factory for $230M (RIDE +21.22%)
Slide: Beyond Meat shares crater as losses mount, company issues disappointing forecast (BYND -18.61%)
Later Today 🕒
Brookfield Asset Management Inc. Earnings (BAM)
Tapestry Inc. Earnings (TPR)
Flowers Foods Inc. Earnings (FLO)
Merck Annual General Meeting (MRK)
Today’s Market Terminology: Coupon Rate
A coupon payment on a bond is the annual interest payment that the bondholder receives from the bond’s issue date until it matures
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