On Holding, also known as On Running, provides innovative footwear and sports apparel and distributes its product through independent retailers and global distributors. This Swiss-based athletic shoe company is another intriguing IPO for investors to get familiar with, especially since the company will deliver its first earnings report since going public on Tuesday. While it's easy to get caught up in the hype surrounding this well-funded EV startup, investors should pump the brakes on their expectations as the company has plenty of preorders yet only expects to deliver 1,000 vehicles by the end of the year. It's worth noting that Amazon has plans to order 100,000 Rivian electric delivery trucks for its fleet and that Rivian reportedly might be building a new vehicle and battery plant near Atlanta which would dramatically improve its manufacturing capacity. Rivian, which is backed by the almighty Amazon, offers something a bit different in the electric vehicle space as the company's lineup includes larger vehicles like the R1T pickup truck and R1S SUV. The American electric-vehicle startup is absolutely worth getting acquainted with, although it might make more sense to let shares cool off a bit before buying. This is one of the rare cases of a hyped-up IPO stock that has actually rewarded early investors who bought on IPO day, as Rivian has rallied over 48% since making its debut last week. These names could be the market leaders of tomorrow, so it might pay off to learn a little about what makes them stand out. The IPO market remains as strong as ever while 2021 winds down, which is why we've put together a list of 3 intriguing IPO stocks for investors to watch. With that said, it never hurts to get familiar with some of the newest companies to hit the market, as these recent debuts can offer immense upside at some point. That's why it's difficult to have a lot of conviction in an IPO during its early days of trading, as there's always the possibility that the underwriters have inflated the price or that insiders are going to cash in on their shares following the lockup period. With that said, there are plenty of IPO's that are overpriced for their debut and end up falling victim to too much hype. These debuts are always intriguing since no one knows how the market will actually value the shares after the stock starts trading. One of the biggest reasons why investing is so exciting is the fact that there is no shortage of newly public companies to choose from.
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