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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 ...
4:35 PM PDT • March 20, 2024. Comment. Image Credits: TechCrunch. Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about ...
June 23, 2024 at 5:25 AM. Stock splits have become trendy on Wall Street. Artificial intelligence (AI) giant Nvidia recently executed a 10-for-1 split, and fellow chip company Broadcom announced ...
Reddit’s most recent primary round in 2021 raised $410 million at a $10 billion valuation from investors, including Fidelity, Quiet Capital and Montauk Ventures, among others. The market has ...
In June, Tesla filed its annual proxy statement with the Securities and Exchange Commission, and it included a provision for the company to split its stock 3:1. Shareholders approved the split on ...
The IPO price values Reddit at just under $6.5 billion. The sale’s underwriters also have the option to buy 3.3 million shares at the IPO price over the next 30 days. So if the stock soars over ...
Reddit’s deals to license its catalog of user-generated content are a key part of the company’s strategy to grow its revenue as it gets ready to go public.On the day the company filed for IPO ...
Tesla. Tesla shareholders have again approved Elon Musk’s multi-billion dollar pay package several months after a Delaware court invalidated it. During the electric car maker’s annual ...