Reddit surges on IPO

01:27pm, Friday, 22'nd Mar 2024
Reddit is the first social media company to go public since Pinterest in 2019, and shares surged in the first day of trading. Despite a pullback on Friday, the company has investors bullish #reddit #s

Cathie Wood's ARK snaps up Reddit shares

01:04pm, Friday, 22'nd Mar 2024
Popular investor Cathie Wood's ARK Invest purchased nearly 10,000 shares of the social media platform Reddit in its stock market debut on Thursday. It added 9,982 shares of Reddit to the ARK Next Gene
Reddit (NYSE: RDDT ) had a successful initial public offering (IPO) and first day of trading yesterday, with shares finishing up by 48%. The IPO price was $34, the high end of the target range between
Reddit (NYSE: RDDT ) stock closed its first day of trade well in the green, soaring 48% on Thursday as investors eagerly jumped onto one of the most anticipated initial public offerings (IPO) of the y
An unexpectedly upbeat German sentiment indicator stirred hopes of “green shoots” in the region's biggest and one of its most troubled economies.
Cathie Wood's Ark Invest bought more than 10,000 shares of Reddit on Thursday for her Ark Invest funds, a stake that is now worth more than $500,000. Reddit went public at $34, closing above $50 on it
Courtnie Swearingen, Reddit moderator, joins 'Squawk Box' to discuss Reddit's IPO debut, why she decided against taking part in the IPO,
CNBC's Julia Boorstin joins 'Squawk Box' with the latest news from Reddit.
Reddit shares surged as much as 70% above their offering price on the social media platform's first day of trading on Thursday. The stock debuted on the New York Stock Exchange at $47 per share, abo
Despite skepticism about the company's valuation, social media Website and app Reddit Inc. debuted on the New York Stock Exchange under the ticker symbol RDDT.

Reddit dips day after strong NYSE debut

06:05am, Friday, 22'nd Mar 2024
Social media platform Reddit's shares ticked down 2.6% before the bell on Friday, a day after it notched a 48% gain in its debut on the New York Stock Exchange.
Reddit stock was falling back early on Friday after a spike on its first day of trading. Meanwhile, more details emerged about Microsoft's arrangements with Inflection AI.
Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit in the social media platform's strong market debut on Thursday, an email from the asset manager showed.
Reddit's shares skyrocketed in their debut, closing up 48.4% and valuing the company at over $8 billion. Despite struggling to generate positive cash flows or earnings, Reddit has a hoard of cash at i
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