Wayfair Surges After $319M IPO, Lock-up Fells GoPro

Wayfair Surges After $319M IPO, Lock-up Fells GoPro

Assessment

Interactive Video

Business

University

Hard

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The video discusses the successful IPO of Wayfair, an online furniture and home goods retailer, highlighting its market appeal and the role of creative director Christiane Lemieux. It also covers the release of nearly 6 million GoPro shares from lockup restrictions, explaining the implications for original investors and the significant profit potential despite the share release.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the IPO mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is Christiane Lemieux and what is her significance in the context?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the release of nearly 6 million shares from lockup restrictions imply?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much have shares increased since the company went public?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What might be the implications for GoPro insiders based on the share price increase?

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