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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 ...
(Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. The ...
Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock popped more than 12% on Tuesday and has rallied more than 30% since its initial ...
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Chief among them is Steven Huffman, Reddit’s cofounder and CEO, who plans to sell 500,000 shares. Huffman could make $17 million if the IPO prices at $34. He'll have 3.3% voting power after the ...
2024 Chicago White Sox's 121st loss, Worst Major League Baseball season win–loss records. The 2024 Chicago White Sox earn their 121st loss against the Detroit Tigers, breaking the Major League Baseball record for the most amount of losses in a post-1900 season. (AP) September 26, 2024 (Thursday) edit. history.
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,...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...