Published 1 month ago

Reddit set for hotly anticipated debut after pricing IPO at top of range

Reddit is set for its IPO debut after pricing its shares at the top end of the range, valuing the company at $6.4 billion.
The long-awaited IPO is a major test for the market's appetite, with cautious optimism due to recent signs of stability.
Despite its popularity, Reddit has yet to turn a profit, leading analysts to closely monitor its path to profitability post-IPO.

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Channel News Asia

Reddit set for hotly anticipated debut after pricing IPO at top of range

Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday (Mar 21), setting the stage for other companies looking to go public this year, while testing investor appetite for new issues. The San Francisco, California-based company priced its initial

1 month ago·Singapore

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RTÉ

Reddit set for debut after pricing IPO at top of range

Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange today, setting the stage for other companies looking to go public this year, while testing investor appetite for new issues.

1 month ago·Ireland

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OAN

Reddit set for hotly anticipated debut after pricing IPO at top of range

Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange.

1 month ago·San Diego, United States

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Scripps News

Reddit's IPO anticipated to be at top of target range

The platform's latest initial public offering attempt will be priced at the top of the $31-$34 range, according to multiple reports.

1 month ago·Atlanta, United States

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eNCA

Social media company Reddit set for NYSE debut after IPO

Social media company Reddit set for NYSE debut after IPO Estelle.Bronkhorst Thu, 03/21/2024 - 18:00 NEW YORK - The Reddit social network was set to make its trading debut on Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.Reddit is set to debut Thursday on the New York Stock Exchange under the ticker RDDT after an IPO priced at $34 a share, the company said Wednesday…

1 month ago

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