Search results
Results from the Tech24 Deals Content Network
Reddit on Monday said it expects to price shares between $31 and $34 each when it makes its long-anticipated initial public offering, which will make it the first social media company to go public ...
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 media company Reddit (NYSE: RDDT) soared on Friday after the company announced a partnership with Microsoft's OpenAI. As of 11 a.m. ET today, Reddit stock was up 14%. As of 11 a.m ...
The IPO price values Reddit at just under $6.5 billion. 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 ...
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 filing also offers up new details about the inner workings of Reddit’s business. The company had 500 million visitors during the month of December and has recently averaged just over 73 ...
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 ...