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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 ...
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 ...
Reddit's business didn't improve that drastically in that short of a time period. It's just early in Reddit's history as a publicly traded company , and it's still a time of price discovery.
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 moved higher after giving a better-than-expected Q2 forecast for sales and profit metrics. Many strategists argue that the long-term growth story for Reddit is in artificial ...
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 ...
The partnership, announced on Thursday, allows Reddit to leverage OpenAI's technology to build tools and features, and OpenAI's ChatGPT platform to integrate Reddit's content in a "real-time ...
e. The Internet (or internet) [ a] is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) [ b] to communicate between networks and devices. It is a network of networks that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array ...