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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 ...
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 ...
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 ...
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 ...
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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
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 ...