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Reddit Inc. IPO Quiz

Authored by Jason Cross

Business

12th Grade

Used 1+ times

Reddit Inc. IPO Quiz
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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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