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Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday.The social media giant raised ...
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 the next few weeks, the underwriters can pick up shares ...
Communities on Reddit like r/WallStreetBets have left a lasting impact on the stock market, to the point that Reddit formally listed the community as a risk factor in its S-1 filing.
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 ...
Its share price almost doubled Wednesday in the wake of announcing a program to reward small investors with perks like special screenings and free popcorn. The stock is up over 2,400 percent from ...
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The lead investor of Reddit’s latest funding round, Fidelity, marked down its shares of Reddit last year, reflecting an updated valuation of $5.5 billion. Shares of the company have been trading ...
Reddit intends to list its Class A common stock on the New York Stock Exchange under … Reddit Discloses Finances in IPO Filing, Will Let Influential Moderators and Users Buy Shares at Offering Price