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 does the speaker imply about the knowledge of investors regarding the IPO disclosures?

What was the experience of retail investors during the IPO process as described?