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.
Jonathan Vanian in asian news
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 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 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.
FTC conducting inquiry into Reddit's AI data-licensing practices ahead of IPO
Reddit said on Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of artificial intelligence systems.
Reddit targets valuation of close to $6.5 billion in upcoming IPO
Reddit, the social media company known for hosting web forums on topics from the mainstream to the extremely obscure, is targeting a valuation of close to $6.5 billion in its upcoming IPO.
Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
When Joe Biden joined TikTok on the eve of the Super Bowl last month, political scientist Maggie Macdonald was struck by what she called the "meta" nature of the president's first post.