Reddit's Stock Jumps in IPO

01:29pm, Thursday, 21'st Mar 2024
Reddit shares soared in their stock-market debut, an endorsement for the social-media company and a boost for other companies eyeing 2024 IPOs.
Shares of Reddit skyrocketed in the social media firm's first day on the New York Stock Exchange, as the most notable initial public offering of 2024 encountered a hungry market.
Reddit entered the public market on Thursday, betting that a wider swath of investors will buy into the 19-year-old social media company.
Reddit COO Jen Wong calls the social media platform's IPO “one milestone in the history of a 19-year company that I think has a lot of runway,” on the day the stock begins to trade. She speaks wit
Reddit COO Jen Wong calls the social media platform's IPO “one milestone in the history of a 19-year company that I think has a lot of runway,” on the day the stock begins to trade. She speaks wit
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Reddit's data licensing deal.
Brianne Lynch, Head of Market Insight at EquityZen, explains why the early public-market performance of companies like Astera Labs and Reddit will be a key indicator of the broader appetite for new in
CNBC's Julia Boorstin and Reddit CEO Steve Huffman join 'Squawk on the Street' to discuss the company's public debut at the New York Stock Exchange, the company's profitability outlook, advertising st
The shares of social media giant Reddit (NYSE: RDDT ) will start trading today in what many see as the biggest initial public offering (IPO) of the year. The IPO of RDDT stock, which will trade on the
Stock futures rose in premarket trading on Thursday after the Fed maintained its projection for three rate cuts this year and ahead of Reddit's hotly anticipated initial public offering.
Hope King, Axios business reporter, joins 'Squawk Box' to discuss Reddit's public market debut later today, what to expect from the IPO, and more.
Reddit's IPO is making waves among social media stocks as early investors massively oversubscribe to the listing, which is expected to post between $31 and $34 per share. While some may see Reddit as

Five things to know about Reddit

05:19am, Thursday, 21'st Mar 2024
Wall Street will see one of the year's most highly anticipated IPOs this week, when the nearly two decade old social media platform Reddit goes public, set for Thursday.
The site's journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.
Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory—the stock market.
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