What will be Rocket Companies' end-of-day market capitalization on the day of its initial public offering (IPO)?
Closed Aug 06, 2020 10:00PM UTC
On 11 June 2020, CNBC reported that mortgage lender Quicken Loans had confidentially filed with the Securities and Exchange Commission for an eventual IPO (CNBC, The Street). The IPO for the company, being rebranded as Rocket Companies, is expected in early August (Barron's). The outcome will be determined by the end-of-day Market Capitalization figure reported by Bloomberg.
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The question closed "Between $35 billion and $45 billion, inclusive" with a closing date of 6 August 2020.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $35 billion | 3% | |
| Between $35 billion and $45 billion, inclusive | 91% | |
| More than $45 billion but less than $55 billion | 6% | |
| $55 billion or more | 0% | |
| Quicken Loans will not have an IPO before 31 October 2020 | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 35 |
| Average for questions older than 6 months: 206 | |
| Number of Forecasts | 74 |
| Average for questions older than 6 months: 585 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
