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.

Reddit to list shares at top end of IPO range

03:42am, Thursday, 21'st Mar 2024
Reddit, the social media platform, is set to debut on the New York Stock Exchange at the top end of its guidance at US$34 per share. This gives the company a fully diluted valuation of US$6.4 billion,
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company's IPO on Thursday. The social media giant raised nearly $50
Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share Wednesday raising $748 million and giving the IPO market a much-needed boost.
The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.
Reddit priced its initial public offering (IPO) at $34 per share Wednesday evening and is set to begin trading Thursday, according to reports.
Reddit priced its initial public offering at $34 a share, which is on the high end of its targeted range and gives the company a value of about $6.4 billion, multiple outlets reported Wednesday aftern

Reddit Prices IPO at $34 a Share

05:55pm, Wednesday, 20'th Mar 2024
The popular social media site debuts Thursday. Will Reddit lead to a unicorn IPO revival?

Reddit reportedly prices IPO at $34 per share

05:43pm, Wednesday, 20'th Mar 2024
CNBC's Leslie PIcker joins 'Fast Money' with breaking news that Reddit plans to price its IPO at $34 per share according to sources familiar with the matter.
Reddit is poised to take the plunge into public markets after announcing pricing for its closely-watched initial public offering.
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