Alibaba Opens Trading 36% Higher at $92.70

Alibaba Opens Trading 36% Higher at $92.70

Assessment

Interactive Video

Business

University

Hard

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The video covers a historic day in the stock market, highlighting the unexpected opening price of $93 and the subsequent rise in stock value. It discusses the significant trading volume of Alibaba shares, surpassing analyst predictions. The stock's market value reached $235 billion, exceeding expectations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of the crowds during the IPO event?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial stock price that surprised many during Alibaba's IPO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the highest stock price mentioned in the text that Alibaba reached?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How many shares had changed hands shortly after Alibaba started trading?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the estimated worth of Alibaba after its IPO according to analysts?

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OFF