Countdown to Rivian’s IPO and Why a GE Break-Up Unlocks Value

CNBC's "Fast Money"

CNBC

News, Business, Investing

3.9 • 1.3K Ratings

🗓️ 9 November 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

All eyes are on Rivian as the electric vehicle maker gets ready to go public tomorrow. We bring you all the latest details and how you should be looking at the space. Plus, shares of GE rose as much as 7% after announcing it would be splitting into three separate companies. The traders debate whether the move truly unlocks value. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	Life in the Nasdaq market site overlooking New York City of Times Square, this is Fast
0:05.4	Money.
0:06.4	I'm Melissa Lee.
0:07.4	Tonight's straight line up, Guy Dami, Tim Seymour, Karen Feinerman, and Dan Nathan.
0:10.3	Tonight on Fast, GE heads to Splitsville, the industrial giant breaking into three separate
0:15.6	companies.
0:16.6	But will the breakup unlock real value for investors?
0:18.7	We'll debate that straight ahead, plus we are tracking the after-rows action in shares
0:23.0	of Coinbase.
0:24.0	The stock is down 9.5% right now at earnings.
0:26.9	The company is called kicking off in less than 30 minutes.
0:29.3	We're dialing in.
0:30.3	We're ready to bring you all the big headlines.
0:32.0	And later, Tesla takes another tumble, the stock's getting nearly 12% today.
0:36.8	We'll tell you what, send shares into reverse.
0:39.0	We start off with the countdown to one of the biggest IPOs of the year, Rivian, about
0:43.4	to price.
0:44.4	Shares begin trading tomorrow.
0:45.4	Let's get straight to fill a bow with all the details, Phil.
0:48.8	Hey, Melissa.
0:49.8	Here's the latest on pricing.
0:51.6	And by the way, most on Wall Street, who I've talked with, have said, do not be surprised
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.