The Latest
-
Reddit Shares Soar 48% in NYSE Debut After Pricing IPO at Top of Range
Reddit, the popular social media platform known as the "front page of the internet," made a strong debut on the New York Stock Exchange (NYSE) on Thursday, with shares jumping as much as 70% after the company priced its initial public offering (IPO) at the top of its expected range. Reddit, the popular social media platform known as the "front page of the internet," made a strong debut on the New York Stock Exchange (NYSE) on Thursday, with shares jumping as much as 70% after the company priced its initial public offering (IPO) at the top of its expected range. -
Reddit Prices IPO at $34 per Share, Raising $748 Million in Highly Anticipated Market Debut
The company priced its initial public offering (IPO) at $34 per share, the top end of the $31 to $34 range it had marketed earlier, valuing the company at $6.4 billion and raising $748 million for Reddit and its selling shareholders. The company priced its initial public offering (IPO) at $34 per share, the top end of the $31 to $34 range it had marketed earlier, valuing the company at $6.4 billion and raising $748 million for Reddit and its selling shareholders. -
Reddit's IPO Faces Skepticism from Power Users and Moderators
As Reddit seeks to raise up to $748 million and achieve a valuation of around $6.4 billion, it faces skepticism and resistance from some of its most dedicated users and moderators. As Reddit seeks to raise up to $748 million and achieve a valuation of around $6.4 billion, it faces skepticism and resistance from some of its most dedicated users and moderators. -
Reddit Discloses FTC Investigation into AI Data Deals Ahead of Anticipated IPO
Reddit, the popular social media platform, disclosed on Friday that it had received a letter from the Federal Trade Commission (FTC) regarding a non-public inquiry into the company's data-licensing practices related to the training of artificial intelligence systems. Reddit, the popular social media platform, disclosed on Friday that it had received a letter from the Federal Trade Commission (FTC) regarding a non-public inquiry into the company's data-licensing practices related to the training of artificial intelligence systems. -
Reddit Targets $748 Million in Landmark IPO - Report
Reddit Inc., the renowned social media platform, is gearing up for one of the most anticipated initial public offerings (IPOs) of the year, aiming to raise up to $748 million, according to Bloomberg News. Reddit Inc., the renowned social media platform, is gearing up for one of the most anticipated initial public offerings (IPOs) of the year, aiming to raise up to $748 million, according to Bloomberg News. -
Reddit Aims for $6.5 Billion Valuation in Awaited IPO, Reveals Financial Health and Growth Strategy
Reddit is gearing up for a significant milestone in its corporate journey, with plans to go public seeking a valuation of up to $6.5 billion, according to insiders. Reddit is gearing up for a significant milestone in its corporate journey, with plans to go public seeking a valuation of up to $6.5 billion, according to insiders. -
Crypto Platform FTX Pay, Reddit Ink Agreement On Gas Fees
Community Points are blockchain-based Reddit assets that allow users to share prizes in the social site. Community Points are blockchain-based Reddit assets that allow users to share prizes in the social site. -
Reddit Confidentially Submits Filing With SEC to Go Public
Reddit confirmed Wednesday that it has confidentially submitted an S-1 filing with the Securities and Exchange Commission. Reddit confirmed Wednesday that it has confidentially submitted an S-1 filing with the Securities and Exchange Commission. -
'One Piece' Chapter 1032 Release Date, Spoilers: The Revelation Of King's Origin
"One Piece" Chapter 1032 will feature the intense fight between King and Zoro. "One Piece" Chapter 1032 will feature the intense fight between King and Zoro. -
Reddit Seeks To Hire Advisers For U.S. IPO
Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year's frenzy for so-called 'meme' stocks, is seeking to hire investment bankers and lawyers for an initial public offering (IPO) in New York, two people familiar with the matter said on Thursday. Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year's frenzy for so-called 'meme' stocks, is seeking to hire investment bankers and lawyers for an initial public offering (IPO) in New York, two people familiar with the matter said on Thursday.