The recent IPO of EV maker Rivian Automotive, Inc. captivated the market, soaring in its first few sessions and commanding a higher valuation than Ford. But investors keen to ride the EV revolution should consider lesser-known companies, especially Canoo Inc., whose skateboard-and-tophat model gives it flexibiliy to offer both recreational and commercial vehicles with minimal added costs. That’s a according to IPO Edge Editor-in-Chief John Jannarone who spoke to Cheddar TV.
When it comes to IPOs, he also suggested investors consider analysis he wrote on Swiss running shoe and apparel maker On Holding AG as well as Vivid Seats Inc.
Watch the full clip on IPO Edge.