Reddit Shares Rise in Early Trading After IPO Launch
Reddit is now a publicly listed company, with its years-long mission towards an I.P.O., which has required significant restructuring of its business and platform, now realised. After launching at $34 per share, Reddit shares jumped 67% in early trading, with investors clearly excited about the platform’s opportunities, despite it still being unprofitable, and seeing limited [...]read moreReddit Shares Rise in Early Trading After IPO Launch