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Published 1 month ago

Reddit pops as much as 70% in NYSE debut after selling shares at top of range

  • Reddit has made its debut on the New York Stock Exchange, reaching a high of $57.80 per share.
  • Shares of the stock, trading under "RDDT," started at $47, a 70% increase from the initial price offering of $34.
  • The stock had a market cap of about $10.9 billion at its peak.
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