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Reddit stock moved higher after giving a better-than-expected Q2 forecast for sales and profit metrics. ... falling from a peak of about $74 per share to just below $40 as ... Anmuth maintained a ...
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 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 ...
At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased.
With its stock priced at $34 per share, Reddit will have a market value of $6.4 billion. Meanwhile, Meta Platforms — whose biggest social media service Facebook was started just 18 months earlier than Reddit — boasts a market value of more than $1.2 trillion.
Jon Quast, The Motley Fool. May 17, 2024 at 9:47 AM. Shares of social media company Reddit(NYSE: RDDT) soared on Friday after the company announced a partnership with Microsoft 's OpenAI. As of 11 ...
Reddit on Monday said it expects to price shares between $31 and $34 each when it makes its long-anticipated initial public offering, which will make it the first social media company to go public ...
List of major stock exchanges. This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts may be listed both here and in the list of futures exchanges . There are twenty one stock exchanges in the world that have a market capitalization of over US$1 trillion each.