The company"s shares debuted last week and saw a five-day hike ARAB NEWS RIYADH: The runaway five-day rally in Rivian Automotive Inc. came to an abrupt halt on Wednesday, wiping out over $23 billion from the newly public automaker. Rivian, an American electric car manufacturer, saw its shares slide by 18 percent to $140.35 per share in New York, Bloomberg reported. The company"s shares debuted last week and saw a five-day hike. Rivian"s stock reduced some losses to close down 15 percent at $146.07 in yesterday"s session. Despite the declines the automaker is still worth about $130 billion.