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Image Credits: TechCrunch. Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock at $31 to $34 per share. If ...
The company’s got a long and tangled history. It was sold in its infancy, only to be later spun back out.Today Reddit approaches the public markets with more than $800 million worth of revenue ...
Screengrab via CNBC. Nineteen years after its debut, Reddit is now a publicly traded company. It was listed on the New York Stock Exchange as RDDT for the first time on Thursday, with mascot Snoo ...
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share ...
23,518.64. 623.72. +746.94. Largest intraday point drops. An intraday point drop is defined as the difference between the opening price (which may or may not be the intraday high) and the intraday low. This is distinguished from a point swing, which is defined as the difference between the intraday high and the intraday low.
At the time, Broadcast.com had 570,000 users and the purchase price was $10,000 per user. Cuban sold most of his Yahoo! stock that same year, netting over $1 billion. [ 7 ] Founder Chris Jaeb, whose stake was diluted to less than 1% of the company, received approximately $50 million from the sale.
Website. us .spindices .com /indices /equity /dow-jones-industrial-average. The Dow Jones Industrial Average ( DJIA ), Dow Jones, or simply the Dow ( / ˈdaʊ / ), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
Excluding employee stock options, the 19-year old company’s valuation will start at $5.4 billion, a far cry from its last private market value of $10 billion, set in August 2021, the top of the ...