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Reddit ( RDDT) stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share. The stock closed at $50.44 on Thursday, up 48% from...
Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics company Ortex on Wednesday showed.
If the hype around Reddit (RDDT) shows you anything, it should be that there are many ways to take advantage of tech companies’ wealth-building potential, especially in 2024.
Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies.
“Reddit's ad stack enhancements drove sizable upside,” noted Anmuth. On the revenue front, Reddit reported impressive figures, with revenue growing nearly 50% Y/Y to $243 million, exceeding...
The much-anticipated Reddit IPO is finally here—and several executives from the social media company’s upper ranks are expected to make a tidy sum once shares begin trading Thursday.
(Reuters) -Reddit's shares opened 38% above the offer price when they started trading on Thursday, valuing the social media platform at $8.87 billion in a closely watched debut that could set the ...
Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform's initial public offering was priced at $34 per share.
Reddit shares traded as high as $57.80, a 70% increase from an initial list price of $34, but had fallen slightly in after-hours trading as of 7 p.m. ET.
The social media firm's share prices rose almost 50% on its first day on the New York Stock Exchange.