Tag: reddit ipo
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Reddit IPO: Stock soars after making public market debut – National | Globalnews.ca
[ad_1] Reddit soared in its Wall Street debut as investors pushed the valued of the company close to US$9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at US$34 a share, debuted Thursday afternoon at US$47 a share. The going price has climbed even higher since,…
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Reddit seeks US$6.4B valuation in much-awaited IPO – National | Globalnews.ca
[ad_1] Reddit is aiming for a valuation of up to US$6.4 billion in its U.S. initial public offering (IPO), the social media platform said on Monday, as it nears one of the most-anticipated stock market debuts of the last few years. The company, along with some of its existing investors, is targeting a sale of…