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1. Reddit Priced IPO At $34 Per Share�Hitting The High End Of Its Range

   March 21, 2024 1:36:00 AM

   The price of the IPO will benefit Reddit�s largest shareholders, including co-founder Steve Huffman�who has a 3.3% stake in the company, according to the New York Times�Conde Nast�s parent ...

   Published by : Forbes

2. Reddit stock closes up nearly 48% on its first day of trading

   March 21, 2024 11:41:00 PM

   Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share ...

   Published by : TechCrunch

3. Reddit prices IPO at top of indicated range to raise $748 million

   March 21, 2024 3:43:00 AM

   Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO ...

   Published by : New York Post

4. Why Im Avoiding The Reddit IPO

   March 18, 2024 10:46:00 AM

   Reddit's IPO approaches with an apparent overvaluation of $6 billion. The company does not make money, has a history of substantial losses, and has tremendous amounts of preferred equity in its ...

   Published by : Seeking Alpha

5. Reddit�s IPO could be a bellwether for other offerings this year, says Vanderbilt professor

   March 18, 2024 6:34:00 PM

   Reddit�s impending IPO could be a trailblazer for other public offerings in 2024, says Josh White, assistant professor of finance at Vanderbilt University. �My sense is that the Reddit IPO ...

   Published by : MarketWatch

6. Reddit Prices IPO at Top of Range

   March 21, 2024 2:07:00 AM

   Reddit priced its initial public offering at the high end of its targeted range, a sign that investor enthusiasm could be returning for new issues. Reddit, set to debut Thursday under the ticker ...

   Published by : Wall Street Journal

7. Reddit faces new reality after cashing in on its IPO

   March 23, 2024 6:40:00 AM

   Shares of the social media company soared on its Big Board debut under the ticker RDDT, closing at $50.44, or 48 percent above its IPO price. This brought its fully diluted market capitalization ...

   Published by : Ars Technica

8. Reddits IPO as much as five times oversubscribed: report

   March 18, 2024 12:50:00 AM

   Reddit's initial public offering (IPO) is currently between four and five times oversubscribed as it seeks a $6.5 billion valuation, people familiar with the matter told Reuters on Sunday.

   Published by : Fox Business

9. Exclusive: Reddits IPO as much as five times oversubscribed, sources say

   March 17, 2024 10:12:00 PM

   The sources said the marketing of the IPO was continuing and asked not to be identified because the details are confidential. A Reddit spokesperson declined to comment. Reddit has already curbed ...

   Published by : Reuters

10. Reddit IPO spikes, reigniting social media sector

    March 21, 2024 8:52:00 PM

    The reception is a positive indicator for the social media sector, which has been experiencing an IPO dry spell. Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian ...

    Published by : Fox Business

11. Why Reddits IPO wont spark a boom in companies going public

    March 21, 2024 3:30:00 AM

    Reddit's (RDDT) IPO marks the first major company to go public in 2024. But experts don't think it will bring a grand reopening of the IPO market, which has cooled off since 2021. "I don't think ...

    Published by : Yahoo Finance

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