Rivian Opens at $106.75 With $93 Billion Market Value

Rivian Opens at $106.75 With $93 Billion Market Value

Assessment

Interactive Video

Business

University

Hard

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The video discusses Rivian's stock market performance, highlighting its IPO and market cap. Rivian's shares opened at $120, significantly higher than the initial $78, reflecting a strong market interest. The company's market cap reached $91.8 billion, despite limited sales of 180 cars. The potential for increased orders, especially with Amazon, is noted. Live trading updates show fluctuating prices, and expert opinions provide insights into the IPO's success and market mechanics.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the indicated opening price for Rivian shares compared to their actual trading price?

$120 and $78

$78 and $120

$120 and $105-$106

$78 and $105-$106

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Rivian's market cap based on the initial trading, and how many cars have they sold so far?

$92 billion and 180 cars

$80 billion and 150 cars

$100 billion and 200 cars

$91.8 billion and 180 cars

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the live trading price range of Rivian shares during the market analysis?

$100-$101

$108-$109

$105-$106

$110-$111

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenges does Rivian face according to the market analysis?

Competition from established automakers

Regulatory hurdles

Lack of financial visibility and distant profitability

High production costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of investment bankers in the IPO process as discussed in the video?

Setting the company's market cap

Determining the right price for shares

Managing the company's operations

Increasing the company's sales