Others · March 21, 2024

Reddit’s IPO has begun with shares soaring 60% within minutes

Shares of social forum giant Reddit opened today at nearly $47 per share, then quickly soared to around $55, up about 60% in heavy volume from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling […]

© 2024 TechCrunch. All rights reserved. For personal use only.

About The Author