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FinCap Friday: From IPO to IP Woah! Flashcards | StudBud

Explore/FinCap Friday: From IPO to IP Woah!

FinCap Friday: From IPO to IP Woah!

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Questions 5

Answers

1
What market value did Airbnb have at the end of its first day listed on the NASDAQ exchange?
$10 billion
$100 billion
$500 million
$1 billion
2
When companies IPO, they don’t sell stock directly to the public on a stock exchange because:
stock exchanges only do business with lawyers
investment banks underwrite the IPO
they want to limit the amount of money they raise
the government is responsible for selling stock
3
Sometimes when a company first goes public, the executives from the company:
signs the final paperwork in front of everyone in the company
take pictures with a giant check
cut a ribbon with a giant pair of scissors
ring the opening bell at the stock exchange
4
How long does the IPO process usually take?
A few months
A few weeks
A few days
A few years
5
In December of 2020, Airbnb and DoorDash both:
fired half of their employees
filed for bankruptcy in the US
hired new CEOs
listed their stock on a US exchange