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The stock debuted at $34 per share and closed the day up 48%, but that was nothing compared to what was to come. On Dec. 9, shares hit a jaw-dropping 52-week high of $180.74, a massive 432% ...
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
Reddit stock soared more than 40% to a record high of $117 on Wednesday after the newly public social media company reaped its first-ever post-IPO profit. ... Although its adjusted earnings per ...
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]
Steve Huffman, Reddit's CEO, said on an earnings call that it's become common for people to use search engines like Google to peruse Reddit. But Huffman said the site saw "volatility" in traffic ...
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In an exciting move in the world of finance, social network Reddit is expected to issue its initial public offering with a total valuation of $6.5 billion. The company tried to go public in 2021,...