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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.
Pros and Cons of Investing in Reddit’s IPO Yahoo Finance pointed out that Reddit will show a strong balance sheet after the IPO, with nearly $1.5 billion in cash and equivalents and little-to-no ...
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 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, 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 ...
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 plans to list 22 million shares at a price between $31 and $34, according to the latest version of the IPO prospectus it filed with the Securities and Exchange Commission. The company ...
Reddit has done a “will-they-won’t-they” dance with the public markets for years, but it may finally be time for the social media network to commit.