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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 ...
Reddit signed a deal with an AI company that's "worth about $60 million on an annualized basis" earlier this year, according to Bloomberg. The unnamed company will use Reddit posts and comments to ...
The company’s free cash flow improved from –$100.3 million to –$84.8 million over the same timeframe. ... up shares of Reddit at its IPO price before the stock even begins trading ...
Other outlets reported Reddit would raise up to $748 million at a valuation of nearly $6.5 billion. However, the company is selling 15 million shares — only a portion of that 22 million — to ...
It’s not clear why the FTC is probing Reddit’s relatively new licensing business, but it seems to be in the early stages of its inquiry. “On March 14, 2024, we received a letter from the FTC ...
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 ...
Post a comment on Reddit, answer coding questions on Stack Overflow, edit a Wikipedia entry or share a baby photo on your public Facebook or Instagram feed and you are also helping to train the ...
The company generated $1.67 in earnings per share over the last four quarters, and based on its stock price of $43.05 as of this writing, that places its price to earnings (P/E) ratio at 25.8.