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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 ( / 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 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 ...
Vy Capital, which led Reddit’s $250 million Series E in 2021, will have 5.4% voting power after the IPO, while its remaining holdings (404,569 Class A shares and about 6.8 million Class B) could ...
SAN FRANCISCO (AP) — Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory — the stock market. The company priced its IPO at $34 a share Wednesday and shares will begin trading Thursday on the New York Stock Exchange under the ticker symbol “RDDT.” The market debut is likely to spur a flurry of ...
The Nasdaq Stock Market (/ ˈ n æ z d æ k / ⓘ; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City.It is the most active stock trading venue in the U.S. by volume, [3] and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. [4]
Condé Nast ( / ˌkɒndeɪˈnæst /) is a global mass media company founded in 1909 by Condé Montrose Nast (1873–1942) and owned by Advance Publications. [ 1] Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan . The company's media brands attract more than 72 million consumers in print, 394 ...
Reddit stock popped more than 12% on Tuesday and has rallied more than 30% since its initial public offering last Thursday. Some reports have pegged an uptick in options volume to the recent surge ...