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Reddit’s recent debut in the public market saw shares skyrocketing by 48% that day. At its debut in March, Reddit’s IPO started at $34 per share, after reaching a high of $50.44 at close of ...
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. The price ...
Short sellers aim to profit by selling borrowed shares and buying them back later at a lower price. On Wednesday, Reddit shares fell 12% to $56.91, snapping a two-day streak of gains. In its ...
Zazzle. 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. Zazzle has partnered with many brands to amass a collection of digital images from companies like Disney, Warner Brothers ...
March 21, 2024 at 10:43 AM. By Niket Nishant. (Reuters) -Reddit's shares opened 38% above the offer price when they started trading on Thursday, valuing the social media platform at $8.87...
Reddit 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 the IPO ...
Reddit stock moved higher after giving a better-than-expected Q2 forecast for sales and profit metrics. Many strategists argue that the long-term growth story for Reddit is in artificial ...
The social media firm's share prices rose almost 50% on its first day on the New York Stock Exchange.
Snoo, mascot of Reddit Inc., rings the opening bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Thursday, March 21, 2024.
Reddit had confidentially filed to go public in Dec. 2021, though those plans never came to fruition when the market retreated in 2022. A Reddit spokesperson declined to comment for this story.