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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% ...
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.
Several positive analyst moves added up to a tailwind, pushing Reddit's (NYSE: RDDT) share price up notably in the final month of 2024. December saw the social media company's already hot stock ...
Reddit priced its shares at $34 each, valuing the company at around $6 billion, less than the $10 billion valuation the company targeted on the private market in 2021 — which may be a reminder ...
The run-up in the stock price has dramatically increased its valuation, leaving investors to question whether they are too late.
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 ...