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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 ...
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 ...
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 ...
Excluding employee stock options, the 19-year old company’s valuation will start at $5.4 billion, a far cry from its last private market value of $10 billion, set in August 2021, the top of the ...
This brings the price of the 15-inch model down to $1,150, thanks to a discount and a clippable coupon. Engadget Apple’s WWDC 2024 keynote is scheduled for June 10 at 1PM ET
A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit 's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
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