Reddit Inc. IPO Quiz

Reddit Inc. IPO Quiz

12th Grade

8 Qs

quiz-placeholder

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Reddit Inc. IPO Quiz

Reddit Inc. IPO Quiz

Assessment

Passage

Business

12th Grade

Easy

Created by

Jason Cross

Used 1+ times

FREE Resource

8 questions

Show all answers

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

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the co-founder and chief executive of Reddit mentioned in the document?

Steven Huffman

Morgan Stanley

Goldman Sachs

JPMorgan