Reddit shares plunge almost 25% in two days, finish the week below first day close
Reddit shares are plummeting after experiencing a rally stemming from the social media company's IPO last week.
Reddit asian news
Reddit shares rise 30% to start week after social media company's IPO
Reddit shares jumped 30% on Monday, as investors continued snapping up the stock following last week's IPO.
Reddit co-founder's fund to bet on Japan-U.S. chip alliance
TOKYO -- Reddit co-founder and former executive chairman Alexis Ohanian says he is seeking tech-related investment targets in Japan, an important partner for the U.S. in its attempt to build a China-free chip supply chain.
Reddit pops 48% in NYSE debut after selling shares at top of range
Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019.
Sam Altman's Reddit stake worth over $600 million after first day pop on NYSE
OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015.
CNBC Daily Open: Wall Street heaves a sigh of relief
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Reddit prices IPO at $34 per share in first major social media offering since 2019
Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range.
Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Sarah Gilbert spends a lot of time on Reddit. For the past three years, she's helped moderate the r/AskHistorians subreddit, which has 2 million members and was the subject of her Ph.D. dissertation. She's been a lurker on the forum since 2012.