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Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...
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.
The run-up in the stock price has dramatically increased its valuation, leaving investors to question whether they are too late.
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.
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Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. The going price has climbed even higher since, with shares for the self-anointed “front page of the ...