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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 investors agree to pay its high ...
Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...
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 ...
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 in ...
Chief among them is Steven Huffman, Reddit’s cofounder and CEO, who plans to sell 500,000 shares. Huffman could make $17 million if the IPO prices at $34. He'll have 3.3% voting power after the ...
Stock market prediction. Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available ...
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 ...
Reddit’s recent debut in the public market saw shares skyrocketing by 48% that day. ... (it's 100% free) While purchasing shares at the IPO price is typically reserved for institutional ...
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