Search results
Results From The WOW.Com Content Network
Reddit's IPO won’t be the year’s biggest, an honor that currently belongs to Amer Sports, maker of the Wilson Tennis racquets, which in late January raised about $1.4 billion, according to ...
Reddit had an atypical offering, letting users participate in the IPO, whereas IPOs are almost always limited to connected insiders. Here’s what you need to know about Reddit’s unusual IPO ...
Reddit has been toying with a public market launch since December 2021, when it filed confidentially for an IPO. Last month, the company made a public filing for a market debut.
At its debut in March, Reddit’s IPO started at $34 per share, after reaching a high of $50.44 at close of market that day — and was sitting at around $46 on Thursday.
Reddit is going public, having filed for an initial public offering (IPO) with the Securities and Exchange Commission on Feb. 22. This will be the first major tech IPO of the year and the first ...
Reddit CEO Steve Huffman earned $17 million in the IPO through the sale of 500,000 shares; the remaining 4.17 million shares he directly owns are subject to the lockup restriction.
Reddit went public in 2024 and is a more popular, profitable site than ever in its 20-year history. BI spoke to 11 Reddit employees about the new challenges and maintaining its beloved culture.
Reddit, whose stock is expected to begin trading on March 21, will extend up to 1.76 million shares, or 8% of the total shares available in the IPO, to its users at the anticipated IPO price of ...