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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 ...
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: Reddit. As Reddit finally files to go public, the company wrote in its S-1 filing that “ meme stock ” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r ...
Let's take a look at three soaring stocks that are worth buying right now. A buy, sell, hold die next to a stock of $100 bills and some financial data. Image source: Getty Images.
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 ...
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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 ...