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Reddit, one of the original social media companies, is finally making its debut on the New York Stock Exchange Thursday — more than a decade after many of its peers. Trading under the ticker ...
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 ...
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter. Why Reddit Stock Is Surging Today
A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; [8] Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued. [3]
How that affects share prices remains to be seen. Recent attempts by Reddit executives to monetize content, including an AI-related deal with Google for $60 million annually , received pushback ...
This shift required YouTube to seek permission from its content creators and rights holders to allow their content to be part of the ad-free service; under the new contract terms, partners would receive a share of the total revenue from YouTube Red subscriptions, as determined by how much their content is viewed by subscribers. [10]
In October 2012, for the first-time ever, YouTube offered a live stream of the U.S. presidential debate and partnered with ABC News to do so. [132] The peak in concurrent views on any live stream was reached on October 14, where over eight million watched a sky dive. [133]
Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform's initial public offering was priced at $34 per share. The price ...