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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 became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock popped more than 12% on Tuesday and has rallied more than 30% since its initial ...
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 into ...
Reddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO ...
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 ...
Meme stock. A meme stock is a stock that gains popularity among retail investors through social media. [1][2][3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit 's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
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 or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.