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Thursday, March 21, 2024

Reddit, the self-anointed 'front page of the internet,' jumps 55 per cent in Wall Street debut<> https://ift.tt/yQ1DvY6

Reddit's successful IPO valued close to USD 9 billion on the New York Stock Exchange, priced at USD 34/share, debuting at USD 47. The price climber higher and soared over 55 per cent around 1: 20 pm ET. Supported by prominent figures like Sam Altman, Peter Thiel, and Snoop Dogg. Potential volatility expected.

from World News Headlines, Latest International News, World Breaking News - Times of India}

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