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Reddit currently trades at 8.5 times this year's estimated sales. Assuming its price-to-sales ratio holds steady, it would need to increase its annual revenue at a compound annual growth rate ...
Reddit is going public, having filed for an initial public offering (IPO) with the Securities and Exchange Commission on Feb. 22. This will be the first major tech IPO of the year and the first ...
Reddit's revenue in 2023 jumped about 20% year over year to $804 million, according to the company's S-1 filing. About 98% of sales in the third quarter of last year were generated from ...
Snoo, mascot of Reddit Inc., rings the opening bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Thursday, March 21, 2024.
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 ...
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
The technology-heavy NASDAQ stock market peaked on March 10, 2000, hitting an intra-day high of 5,132.52 and closing at 5,048.62. The Dow Jones Industrial Average , a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange , peaked on January 14, 2000, with an intra-day high of 11,750.28 ...