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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.
Reddit stock soared over 90% to more than $65 a share in its first three days of trading, well above its IPO price of $34 a share. Shares of the social network platform have continued to ...
For example, Needham analyst Laura Martin raised her price target for Reddit stock to $75 per share on June 18, according to The Fly. For perspective, Martin's price target had already been raised ...
Reddit ( / ˈrɛdɪt /) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members. Posts are organized by subject ...
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) representing specific assets or securities listed on a stock exchange or traded publicly. A ...
State capitalism is an economic system in which the state undertakes business and commercial (i.e., for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor ). The definition can also include the state ...
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 ...
In its classical meaning, a republic was any stable well-governed political community. Both Plato and Aristotle identified three forms of government: democracy, aristocracy, and monarchy. First Plato and Aristotle, and then Polybius and Cicero, held that the ideal republic is a mixture of these three forms of government. The writers of the ...