Morningstar Moments: Advisor and Asset Manager Call-Outs
Did you know: Rivian hit more than 50% above its IPO price in its first two days?
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1) The Social Media Shake-Up
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The next generation is using social media for more than flexing their latest vacations, purchases, and achievements. Instagram, TikTok, and other platforms are now a space to share advice and call out bad behavior.
highlights a recent viral TikTok series to explain how younger employees are changing the workforce.
2) Owning Up and Showing Up
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Promises and pledges to reach Net Zero were made by many asset managers and companies during COP26. However, a study of Net Zero Asset Manager commitments pointed out that some may be falling short. The biggest culprit: index funds.
urges asset managers and investors alike to do their part.
3) Rivian’s Supercharged Stock Debut
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EV manufacturer Rivian RIVN started trading on Nov. 10 and took off, raising nearly $12 billion through the stock offering. Will this stock stay hot or is it already cooling off?
and
do a temperature check.
Stay in the loop with @MorningstarInc and our analysts: Samantha Lamas, behavioral researcher: @SamanthaLamas4 Jon Hale, head of sustainability research: @Jon_F_Hale Tom Lauricella, editor for Morningstar Direct: @LauricellaTom