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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 ...
At its debut in March, Reddit’s IPO started at $34 per share, after reaching a high of $50.44 at close of market that day — and was sitting at around $46 on Thursday.
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 ...
The company’s free cash flow improved from –$100.3 million to –$84.8 million over the same timeframe. ... to scoop up shares of Reddit at its IPO price before the stock even begins trading ...
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 closes nearly 50% higher on 1st trading day in latest sign IPO market heating up. On the heels of Astera Labs’ successful IPO, Reddit shares skyrocketing 48% to close above $50 may ...
8:04 AM PST • March 8, 2024. Comment. Image Credits: stockcam / Getty Images. Reddit announced today that it’s launching a suite of tools, called Reddit Pro, to help businesses grow an organic ...
A Reddit spokesperson declined to elaborate on Huffman’s remarks. But it’s no secret the company has been eyeing new ways to expand its business since going public earlier this year.