
Reddit Inc. IPO Quiz
Authored by Jason Cross
Business
12th Grade
Used 1+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many shares does Reddit Inc. plan to offer in its initial public offering (IPO)?
15.28 million shares
22 million shares
6.72 million shares
3.3 million shares
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated price range per share for the Reddit Inc. IPO?
$31 to $34
$34 to $37
$28 to $31
$29 to $32
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under which symbol will Reddit list on the New York Stock Exchange?
REDT
RDDT
RDT
REDD
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following banks is NOT mentioned as one of the lead book-running managers for the Reddit IPO?
Morgan Stanley
Goldman Sachs
Bank of America
Citigroup
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the market capitalization of Reddit based on the top end of its estimated price range?
$5.5 billion
$6.4 billion
$748 million
$804 million
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As of the IPO, how many shares is Reddit setting aside for its users and moderators?
1.3 million shares
3.3 million shares
4.17 million shares
6.72 million shares
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Reddit's revenue for the full year of 2023?
$804 million
$666.7 million
$520 million
$228.5 million
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