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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 ...
5. Bed, Bath & Beyond. With close to 1,200 mentions in the past 24 hours as of Sept. 7, 2022, Bed, Bath & Beyond is currently the most mentioned stock on Reddit right now, according to ApeWisdom.io.
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 ...
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 became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock ( RDDT ) popped more than 12% on Tuesday and has rallied more than 30% since its ...
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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 ...
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 ...