Why Rivian Shares Plunged Below IPO Price

The video discusses the recent performance of Rivian's stock, highlighting a 20% decline and its trading below the IPO price. It explores the impact of macroeconomic factors and increased competition in the EV market. The Amazon-Stellantis deal is analyzed, noting its surprising market reaction despite prior knowledge. The video also delves into investor dynamics, emphasizing the oversubscription of the IPO and the limited shares available to retail investors.

What was the recent trading trend of Rivian's stock as mentioned in the video?

• It was unaffected by market trends.

• It remained stable at the IPO price.

• It was trading below the IPO price.

• It was trading above the IPO price.

What is one of the macroeconomic factors affecting Rivian's stock?

• Increase in oil prices

• Stellantis-Amazon partnership

• Decrease in interest rates

• New government regulations

How has the competition in the EV market impacted Rivian?

• It has no impact on Rivian.

• It has led to a monopoly for Rivian.

• It has increased competition.

• It has reduced competition.

What was a notable feature of Rivian's IPO?

• It was undersubscribed.

• It was exclusive to international investors.

• It was oversubscribed.

• It was only available to retail investors.

How were retail investors affected by the oversubscription of Rivian's IPO?

• They received multiple shares.

• They were given a single share.

• They were not allowed to participate.

• They received preferential treatment.