News

Jump on the Reddit Bandwagon? Unpacking the RDDT Stock Buzz.

  • The much-anticipated Reddit stock (NYSE: RDDT ) IPO is now old news, with RDDT officially trading on the New York Stock Exchange on March 21, more than a decade after many of its counterparts. Under the ticker “RDDT,” shares debuted at $47, soaring to nearly $75 at their peak, marking a 120% increase from its initial $34 offering.
    04/12/2024

Reddit to Announce First Quarter 2024 Results on Tuesday, May 7, 2024

  • SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), announced today that the company's first quarter 2024 financial results will be released after market close on Tuesday, May 7, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the w.
    04/11/2024
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The price of Reddit, Inc. (RDDT) is 42.305 and it was updated on 2024-04-12 13:00:34.

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Powell's printer went brrrr. Kashkari goes grrrr.

  • There was a time when the self-confessed market degenerates populating Reddit's WallStreetBets message board would proclaim Jerome Powell the market's hero as his printing press went brrrr!
    Thu, Apr. 11, 2024

Reddit Stock May Be More Than a Meme, But It's Still Not a Buy.

  • Reddit (NYSE: RDDT ) went public less than a month ago, but even in this short span of time, Reddit stock has become one of the most talked-about stocks out there. Based on traditional valuation metrics, RDDT is richly priced.
    Wed, Apr. 10, 2024

Following Its Highly Anticipated IPO, Reality May Already Be Setting in for Reddit Stock. 3 Things Smart Investors Should Know.

  • Reddit is a social media platform known for its online forums covering a variety of topics. The website is popular, but competition in the social media space shows just how hard it is to generate consistent user engagement and growth.
    Sun, Apr. 07, 2024

Where Will Reddit Stock Be in 5 Years?

  • Reddit's post-IPO rally quickly fizzled out. It's struggling to monetize its users, especially in the U.S. It faces unpredictable competition from generative AI platforms.
    Sun, Apr. 07, 2024

Reddit Stock Has 16% Downside, According to 1 Wall Street Analyst

  • One analyst sees Reddit struggling to succeed as a public company. The company's anonymous user base and adult content may pose challenges.
    Sat, Apr. 06, 2024
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Can Reddit Recover?

  • Founded in 2005, as the internet went from dial-up to broadband, Reddit (NYSE: RDDT) has been called the “front page of the internet.
  • 04/06/2024

The AI Sleepers: 3 Overlooked Stocks Poised for Massive Growth

  • Though the artificial intelligence craze (AI) is slowing somewhat, there's no doubt that advanced computing and AI-style offerings will continue driving innovation and market gains for years. But, though top AI stocks gather the most media and market attention, overlooked AI stocks are slowly building a foundation for rapid future growth.
  • 04/05/2024

U.S. brokerages start Reddit coverage with doubts over turning a profit

  • Two U.S. brokerages began coverage of Reddit by taking a skeptical stance on the social media platform's ability to turn profitable and raised concerns over its potential entry into the 'meme stock' club.
  • 04/04/2024

‘Poor Man's Twitter': Reddit Gets Lukewarm Wall Street Welcome

  • Reddit's first batch of analyst reviews were mixed at best, putting further pressure on the newly public social media company as it navigates a significant downswing in its valuation.
  • 04/04/2024

Reddit's story hinges on ‘promises we've heard too many times,' a new bear says

  • Reddit Inc. has a “compelling” near-term narrative ahead of it, according to a Bernstein analyst. The company was the leading social-media player in terms of user and revenue growth during the fourth quarter, and its targets for this year seem conservative.
  • 04/03/2024

Is Reddit Stock A Buy After Surging 120% From Its IPO Price?

  • Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
  • 04/03/2024

3 Tech Stocks to Sell Before the Next Market Meltdown

  • Identifying opportunities and risks within the ever-evolving stock market landscape is crucial for investors aiming to make informed decisions. This research examines three well-known tech stocks and finds strong arguments for selling them before the next market correction.
  • 04/03/2024

Why I Wouldn't Touch Reddit Stock With a 10-Foot Pole

  • Reddit is a social media platform that allows users to post and comment in forums on just about any topic. The company has garnered a unique following, but it pales when benchmarked against competitors.
  • 04/03/2024

Has Reddit's stock IPO been a huge scam?

  • The long-awaited Reddit IPO (NYSE: RDDT) didn't unfold as anticipated. RDDT stock has experienced significant volatility, surging by 30% at one point but also plummeting by the same amount, leaving its current price almost identical to its debut price at $50.45.
  • 04/03/2024

Banker sees healthy M&A, IPO deal pipeline as private-equity firms look to deploy cash

  • The dealmaking pipeline for mergers and well as initial public offerings continues to improve from a year ago as private-equity firms and middle-market businesses gear up to transact, a high-ranking banker told MarketWatch.
  • 04/02/2024

The 3 Best Social Media Stocks to Buy in April 2024

  • Social media stocks are in focus this year, with political ad spending expected to skyrocket and the broader market implications of a TikTok ban. With all the positive momentum behind the sector, betting on the best social media stocks to buy in April would be prudent.
  • 04/02/2024

Low Interest Rates Can Help These Commercial Banks Rally Higher

  • Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.
  • 04/02/2024

3 Reasons to Sell Reddit Stock, 1 Big Reason to Buy

  • Reddit went public at $34 less than two weeks ago. The stock soared for its first three days of trading before falling sharply in the next three days on the market.
  • 04/02/2024

UL Solutions launches IPO with plans for valuation of up to $5.8 billion

  • UL Solutions Inc., a testing, inspection and certification company, launched its initial public offering on Tuesday with plans to issue 28 million shares priced at $26 to $29 each.
  • 04/02/2024

Reddit Stock: Insider Selling Raises Pump-and-Dump Possibilities

  • Did you ever get the feeling you've been tricked? I posited that Reddit (NYSE: RDDT ) shares could rally like Meta Platforms (NASDAQ: META ) stock did.
  • 04/02/2024

Strategist says buy iShares Russell 2000 ETF and avoid Reddit

  • There are a lot of ways to evaluate whether or not an asset is worth adding to your portfolio. One thing to look at is valuation.
  • 04/01/2024

Can Reddit (RDDT) Monetize?

  • How does Reddit compare to other social media platforms like Instagram and Pinterest? The RDDT stock price is down after the NYSE debut.
  • 04/01/2024

Better Stock to Buy: Trump Media (Truth Social) vs. Reddit

  • TMTG's valuations have soared to astronomical levels. Reddit's valuations seem more reasonable, but it faces long-term challenges.
  • 04/01/2024

Here's why Trump Media (DJT), Rumble, Reddit stocks dived

  • Trump Media & Technology (DJT), Rumble (RUM), and Reddit (RDDT) stock prices dived hard on Monday, erasing some of the recent gains.  DJT, the newly-public social media company, crashed by over 14% on Monday and is now down by almost 20% from its highest point last week.
  • 04/01/2024

The 5 Biggest Risks for Reddit Investors

  • Reddit's user growth is unpredictable, and it's struggling to monetize its U.S. users. Its growth could be impaired by the rise of AI platforms as well as privacy-oriented changes.
  • 04/01/2024

After DJT and Reddit, is Circle the next tech IPO to come in Q2?

  • Trump Media (DJT) and Reddit (RDDT) were the biggest names to go public in the first quarter of the year. To a large extent, these companies performed well shortly after listing in New York, which could incentivise more tech firms to go public.
  • 03/31/2024

Why Reddit Stock Gained Despite Volatility This Week

  • Followings its recent IPO, AI-related excitement helped Reddit stock post big gains early in this week's trading. But the company's share price pulled back later in the week.
  • 03/30/2024

How to evaluate meme stocks, according to two experts

  • Meme stocks have wiggled their way back into Wall Street conversations as social media companies Trump Media & Technology Group (DJT) and Reddit (RDDT) began trading at high valuations despite the companies actively losing money. Public COO Stephen Sikes and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the renewed interest in meme stocks, FOMO investing, and what investors need to keep in mind when considering chasing this trend.
  • 03/29/2024

Up 35% After Its IPO, Is Reddit the Next Red-Hot Artificial Intelligence Stock?

  • The social networking stock's valuation soared after its recent IPO. Artificial intelligence (AI) could be playing a role in Reddit's hot start.
  • 03/29/2024

3 Strong Buy Social Media Stocks to Add to Your Q2 Must-Watch List

  • Have you heard the current debates surrounding TikTok and X? It's easy to see the huge influence that social media exerts on society.
  • 03/28/2024

Are These Recent IPOs Worth Investors' Attention?

  • Several exciting IPOs have emerged over the last year, reflecting renewed confidence in the investment landscape overall. 2021 was a record year for IPOs, although the trend has slowed considerably since.
  • 03/28/2024

Reddit shares on a two-day tumble after post-IPO high

  • Reddit shares are plummeting after experiencing a rally after the social messaging company's IPO last week.
  • 03/28/2024

Short Sellers Are Betting Against Reddit (RDDT) Stock in Big Numbers

  • Last week brought the biggest trading debut of the year when Reddit (NYSE: RDDT ) launched its initial public offering (IPO). Of course, after a failed attempt to go public in 2021, the social media company already had many eyes on its 2024 debut.
  • 03/28/2024

Reddit's IPO Roller Coaster: Pump the Brakes on RDDT Stock

  • Reddit (NYSE: RDDT ) stock is a global social media company founded in 2005, that provides an online platform for people to discuss various topics. RDDT stock went public last week at a share price of $47, which increased by 30% to $59.8 just this Monday.
  • 03/28/2024

There is a new king of meme stocks in town

  • March appears to herald the emergence of new meme stocks, with Reddit (NYSE: RDDT) and Trump Media (NASDAQ: DJT) making their debut in the stock market.
  • 03/28/2024

Monster insider trade alert for Reddit stock just days after IPO

  • Just a week after Reddit (NYSE: RDDT) went public, it appears that its executives are capitalizing on the opportunity to sell shares for profit. On March 25 alone, over $40 million worth of shares were sold.
  • 03/28/2024

Reddit shares slump after CEO Steve Huffman sells 500,000 shares

  • Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
  • 03/27/2024

Reddit Insiders Selling Days After IPO; Shares Fall Late

  • Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering.
  • 03/27/2024

3 Absurdly Expensive Stocks to Sell Now Before It's Too Late

  • Overvalued stocks can be quite ruinous for portfolios. Even solid companies with high valuations can come crashing down if they don't meet lofty expectations or if the market's confidence wanes.
  • 03/27/2024

Short sellers target Reddit shares as stock slips

  • Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics company Ortex on Wednesday showed.
  • 03/27/2024

3 Tech Stocks to Sell ASAP Before the Bubble Bursts

  • The stock market remains at an all-time high. However, many analysts and market observers are starting to question aloud how much longer the current rally can last?
  • 03/27/2024

Hedgeye Warns That Reddit (RDDT) Stock Will Fall 50%

  • Reddit (NYSE: RDDT ) stock is a hot topic on Wednesday following a warning from Hedgeye analyst Andrew Freedman about the social media company's shares. The Hedgeye analyst is warning clients that RDDT stock is going to see a major dip following its massive rally after recently going public.
  • 03/27/2024

Reddit Stock Is Headed 17% Lower, According to 1 Wall Street Analyst Firm

  • With a note published on March 26, New Street became one of the first firms to initiate coverage on Reddit stock. New Street assigned a neutral rating and a price target of $54 per share on the stock.
  • 03/27/2024

Is Reddit the Next Big AI Stock? Here's Why I'm Skeptical

  • Reddit makes most of its money from advertising, but it's growing its business in data licensing. The company expects to bring in $66.4 million in revenue from data licensing this year.
  • 03/27/2024

3 Things You Have to Know About Reddit's IPO

  • A "successful" IPO doesn't mean the stock will go up forever.
  • 03/26/2024

Not Just Trump Media: These Social Media Stocks Are Also Red Hot

  • The newly public company tied to former President Donald Trump's Truth Social platform isn't the only social media stock rallying, as shares of the handful of other public social media companies are also on a hot streak.
  • 03/26/2024

Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues

  • Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.
  • 03/26/2024

5 Investors Betting Big on Reddit (RDDT) Stock

  • Shares of Reddit (NYSE: RDDT ) are continuing their hot streak and are up by over 10% today. RDDT stock has now almost doubled from its initial public offering (IPO) price of $34.
  • 03/26/2024

3 Hot IPOs to Watch After Reddit's Impressive Stock Market Debut

  • Reddit (NYSE: RDDT ) is defying expectations, surging appreciably post-IPO and retaining its momentum even as options traders prep for next week's options launch. IPOs tended to stagnate over the past few years, with pandemic-era SPACs assuming the role of investment bankers in bringing companies public.
  • 03/26/2024

New Street Analysts Just Set a $54 Price Target on Reddit (RDDT) Stock

  • The Reddit (NYSE: RDDT ) initial public offering (IPO) has been extremely successful so far. Shares of RDDT were priced at $34, the higher end of the targeted $31 to $34 range.
  • 03/26/2024

Reddit stock price forecast: New Street sees 20% downside

  • Reddit Inc (NYSE: RDDT) is a fairly risky investment now that its trading at double the price at which it IPO-ed, as per a New Street Research analyst. Reddit stock could tank to $54 Dan Salmon assumed coverage of $RDDT this morning with a “neutral” rating.
  • 03/26/2024

AI Is Not the Killer App; It's the Killer Fuel for Reddit and Others

  • 3iq's Head of Research Mark Connors thinks AI is the killer fuel for tech companies' future success and says it explains Reddit's surge post-IPO. He argues that Reddit remains untapped in terms of its potential AI gains.
  • 03/26/2024

Reddit stock charges higher, even as it picks up a neutral rating

  • Reddit Inc.'s stock is continuing its sharp ascent in Tuesday trading, even as an analyst took a sidelined stance on the social-media name.
  • 03/26/2024

Reddit shares surge a day after options launch, set to nearly double IPO price

  • Shares of social media platform Reddit jumped 11% on Tuesday, set to extend a strong run from a day earlier following the launch of options on the stock.
  • 03/26/2024

Cramer's Mad Dash: Reddit

  • CNBC's Jim Cramer delivers his daily Mad Dash.
  • 03/26/2024

An underdog's market triumph: The social media platform winning on Wall Street

  • This year has been exceptionally favorable for the social media industry. To illustrate, on February 2, Meta Platforms (NASDAQ: META ) surged to set a record for a single-day price jump in Wall Street history.
  • 03/26/2024

Here's how high bitcoin has to climb to make sense in a 60/40 portfolio, according to Citi

  • Many people have tried to find an alternative to the 60/40 portfolio over the years. Is it now time for 55% stocks, 40% bonds and 5% bitcoin?
  • 03/26/2024

Reddit IPO: Billionaire Investors Are Getting Rich on the New AI Stock. Should You Buy Too?

  • High-profile investors like OpenAI's Sam Altman and Ark Invest's Cathie Wood own Reddit stock. The company has sold itself as a play on the generative AI boom.
  • 03/26/2024

Is Reddit Really Like Pinterest?

  • We've also got an interview with John Carrington, CEO of Stem, which is going full speed ahead on the clean energy transformation.
  • 03/25/2024

A quiet meme stock rally? Reddit, GameStop and Supermicro surge

  • Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
  • 03/25/2024

How the AI potential of Reddit's user data has helped send its stock soaring

  • As Reddit Inc. shares soared on Monday to end their third day of trading up 30%, the stock is seeing heightened interest and improved sentiment from retail investors in the wake of its initial public offering last week, according to stock-market-focused social-media platform Stocktwits.
  • 03/25/2024

The action from Reddit's first day of options trading

  • Options Action traders talk Reddit's options trading and Mike Khouw, Optimize Advisors president, gives his playbook for the stock.
  • 03/25/2024

Reddit shares close 30% up following social media company's IPO

  • Reddit shares were up about 30% to $59.80 at the market's close on Monday.
  • 03/25/2024

Reddit shares close nearly 30% up following social media company's IPO

  • Reddit shares were up about 30% to $59.80 at the market's close on Monday.
  • 03/25/2024

Reddit surges in 3rd day of trade: Here's what it means for the tech IPO market

  • Lo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss Reddit's debut on the stock market, if there are blue skies ahead for the tech market, and more.
  • 03/25/2024

Reddit (RDDT) on the Move Up & Chip Stock Chatter

  • Reddit (RDDT) is on the move up on the third day of trading. Jenny Horne and Kevin Hincks discuss this, along with the state of the chip trade.
  • 03/25/2024

Time for IPO ETFs?

  • As the IPO market shows signs of improvement, investors can play IPO ETFs. The successes of Reddit and others may pave the way for a successful IPO market in the near term.
  • 03/25/2024

Reddit options launch draws bulls as shares extend gains

  • Options on Reddit drew a flurry of bullish bets on Monday as the social media platform's stock rallied as much as 16% after last week's strong market debut.
  • 03/25/2024

Markets Await PCE/Core-PCE Inflation Data

  • March is turning out to be an eventful one for Wall Street. U.S. stock markets suffered fluctuations in the first half of this month owing to market participants' concerns about the timing of the first reduction in the Fed fund rate, following resilient labor market data and sticky inflation rate in February.
  • 03/25/2024

Reddit's Successful IPO Puts These ETFs in Focus

  • The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.
  • 03/25/2024

Key Data in Focus to Start the Last Week of an Eventful March

  • March is turning out to be an eventful one for Wall Street. This week, investors are waiting for a series of key economic data.
  • 03/25/2024

Come and Get It! Why Reddit Stock's Debut Could Be 2024's Most Important IPO.

  • Reddit's (NYSE: RDDT ) initial public offering started off with a bang, prompting investor questions about buying after the Reddit IPO. It almost certainly is.
  • 03/24/2024

Could This Artificial Intelligence (AI) Fintech Be 1 of 2024's Largest IPOs?

  • Following Reddit's initial public offering, investors could see more huge IPOs in 2024. Klarna, the Swedish fintech bank, used artificial intelligence to slash costs last year and is in talks with investment banks about going public.
  • 03/24/2024

3 stocks to watch for this week

  • Over the past week, the stock market recorded highs following the Federal Reserve's indication that it will maintain its projection for three interest rate reductions this year, despite stubborn inflation readings.
  • 03/24/2024

Should You Buy Reddit Stock After Its Sizzling IPO?

  • Reddit went public last week after nearly 20 years of operations. Investors are excited about the company's growth prospects, especially with its content helping train AI models.
  • 03/24/2024

Here is Why AMC May Announce a Stock Split This Year

  • If you want to retire before 65, pay attention. Study after study has shown that the longer you stay invested, the better your chances at an early retirement.
  • 03/23/2024

Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull

  • Morgan Stanley captured the coveted lead left spot on IPOs for Reddit and Astera Labs this week.
  • 03/23/2024

Can Reddit stock reach $100 in 2024?

  • Social media giant Reddit (NYSE: RDDT) made a notable debut on Wall Street, surging to highs of $57 before concluding nearly 48% higher on March 21, the day it went public.
  • 03/23/2024

U.S. IPO Weekly Recap: Tech IPOs Pop As End Of March Approaches

  • U.S. IPO Weekly Recap: Tech IPOs Pop As End Of March Approaches
  • 03/23/2024

TastyLive CEO: 'Reddit will be a very different company a year or two from now'

  • Reddit (RDDT) made its debut on the New York Stock Exchange, soaring to an intraday high of $57 per share. tastylive Founder and CEO Tom Sosnoff joins Yahoo Finance Live to discuss his outlook and stake in the company.
  • 03/22/2024

Reddit (RDDT) Volatility After IPO

  • Reddit (RDDT) stock price is experiencing some volatility amid the NYSE debut. The latest social media IPO was priced at $34 a share and closed at $50.44.
  • 03/22/2024

The Score: Reddit, Apple, FedEx and More Stocks That Defined the Week

  • Here are some of the major companies whose stocks moved on the week's news.
  • 03/22/2024

Reddit Stock Slides Nearly 9% After Massive Post-IPO Gains

  • Reddit's share price fell in its second day of trading Friday, cooling off—but not fully erasing its gains—after an explosive Thursday in which shares increased nearly 60% following its initial public offering.
  • 03/22/2024

Reddit's CEO gets $900 million richer from stock's pop. Here's who else made bank.

  • Reddit Inc. Chief Executive Steve Huffman is $894 million richer based on the social-media stock's first couple days of trading action.
  • 03/22/2024

Reddit's debut made a splash, but caution's still the name of the game in the IPO market

  • Reddit Inc. enjoyed a strong debut as a public company in its closely watched offering Thursday, but don't expect the IPO floodgates to re-open, according to Christian Munafo, Chief Investment Officer of Liberty Street Advisors.
  • 03/22/2024

Great Time for Reddit to IPO: r/WallStreetBets Moderator

  • Reddit's first-day jump fattened the wallets of the social media platform's users who were given the unusual opportunity to buy shares at the initial public offering price as well as longtime investors benefiting from the rebound in the company's valuation. Noor Al, a moderator for Reddit's r/WallStreetBets community, joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
  • 03/22/2024

The FINRA Crackdown on Social Media Influencers Should Be a Wake-Up Call to Investors

  • One of this week's biggest stories involved a regulatory crackdown on a prominent brokerage app. In a statement released on March 18, The Financial Industry Regulatory Authority (FINRA) reported that financial services platform M1 Finance had hired some 1,700 social media influencers between 2020 and 2023.
  • 03/22/2024

Reddit vs. Pinterest Stock: Which Is Best for Your Portfolio?

  • Reddit just completed its IPO, adding a new choice for investors who want social media exposure. Pinterest could be a more compelling choice for certain types of investors.
  • 03/22/2024

Reddit surges on IPO

  • Reddit is the first social media company to go public since Pinterest in 2019, and shares surged in the first day of trading. Despite a pullback on Friday, the company has investors bullish #reddit #socialmedia #investing #stocks #pinterest #facebook #youtube
  • 03/22/2024

Cathie Wood's ARK snaps up Reddit shares

  • Popular investor Cathie Wood's ARK Invest purchased nearly 10,000 shares of the social media platform Reddit in its stock market debut on Thursday. It added 9,982 shares of Reddit to the ARK Next Generation Internet ETF and ARK Fintech Innovation ETF, according to an email from the asset manager seen by media outlets.
  • 03/22/2024

Cathie Wood Bought Reddit (RDDT) Stock on Its First Day of Trading

  • Reddit (NYSE: RDDT ) had a successful initial public offering (IPO) and first day of trading yesterday, with shares finishing up by 48%. The IPO price was $34, the high end of the target range between $31 and $34.
  • 03/22/2024

RDDT Stock Alert: Get Ready for a Big Pop After the Reddit IPO

  • Reddit (NYSE: RDDT ) stock closed its first day of trade well in the green, soaring 48% on Thursday as investors eagerly jumped onto one of the most anticipated initial public offerings (IPO) of the year. Reddit raised $748 million in its Wall Street debut, earning a valuation of $6.4 billion.
  • 03/22/2024

“Green shoots' in Germany, data shows, as Europe stocks head for longest weekly winning streak since 2012

  • An unexpectedly upbeat German sentiment indicator stirred hopes of “green shoots” in the region's biggest and one of its most troubled economies.
  • 03/22/2024

Cathie Wood Didn't Take Long to Buy Reddit Stock

  • Cathie Wood's Ark Invest bought more than 10,000 shares of Reddit on Thursday for her Ark Invest funds, a stake that is now worth more than $500,000. Reddit went public at $34, closing above $50 on its first day of trading for a market cap of roughly $8 billion.
  • 03/22/2024

Reddit moderator: Didn't take part in company IPO 'because I can't really trust them'

  • Courtnie Swearingen, Reddit moderator, joins 'Squawk Box' to discuss Reddit's IPO debut, why she decided against taking part in the IPO,
  • 03/22/2024

Reddit pops 48% in NYSE debut after selling shares at top of range

  • CNBC's Julia Boorstin joins 'Squawk Box' with the latest news from Reddit.
  • 03/22/2024

Reddit shares flying could signal good things to come for the IPO market: analyst

  • Reddit shares surged as much as 70% above their offering price on the social media platform's first day of trading on Thursday. The stock debuted on the New York Stock Exchange at $47 per share, above its IPO price of $34.
  • 03/22/2024

Does Reddit's Successful Public Debut Mean Tech IPOs are Back?

  • Despite skepticism about the company's valuation, social media Website and app Reddit Inc. debuted on the New York Stock Exchange under the ticker symbol RDDT.
  • 03/22/2024

Reddit dips day after strong NYSE debut

  • Social media platform Reddit's shares ticked down 2.6% before the bell on Friday, a day after it notched a 48% gain in its debut on the New York Stock Exchange.
  • 03/22/2024

Reddit Stock Falls After Post-IPO Surge, and Other Technology News Today

  • Reddit stock was falling back early on Friday after a spike on its first day of trading. Meanwhile, more details emerged about Microsoft's arrangements with Inflection AI.
  • 03/22/2024

Justice Dept. Sues Apple, Smartphones and Children with Jonathan Haidt and Reddit's I.P.O.

  • “We'll see you in court.”
  • 03/22/2024

Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut

  • Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit in the social media platform's strong market debut on Thursday, an email from the asset manager showed.
  • 03/22/2024

Reddit: A Robust Growth Prospect With Fuel Behind It

  • Reddit's shares skyrocketed in their debut, closing up 48.4% and valuing the company at over $8 billion. Despite struggling to generate positive cash flows or earnings, Reddit has a hoard of cash at its disposal and could potentially turn cash flow positive in the future. The company plans to generate additional growth through non-advertising activities, such as data licensing and the development of a user economy.
  • 03/22/2024

IPO Activity Slow To Recover

  • IPO Activity Slow To Recover
  • 03/21/2024

Reddit's co-founder is bickering with investors on the company's big IPO day

  • Reddit went public Thursday after raising $748 million in its initial IPO. IPOs are normally a day of celebration for companies.
  • 03/21/2024

Reddit (RDDT) IPO: The New Social Media Stock

  • Reddit (RDDT) began trading on the NYSE today. Will the Reddit IPO indicate investor interest in social media stocks amid the recent TikTok controversy?
  • 03/21/2024

Sam Altman's Reddit stake worth over $600 million after first day pop on NYSE

  • OpenAI CEO Sam Altman was a big winner in Reddit's New York Stock Exchange debut on Thursday.
  • 03/21/2024

Reddit stock pops from IPO price of $34 to a high of $57.80

  • Reddit (RDDT) has commenced trading on the New York Stock Exchange on Thursday afternoon, its stock debuting at $47 ahead of its IPO price of $34 per share. The social media company's stock is popping off in a bullish debut, soaring to an intraday high of $57.
  • 03/21/2024

Why Reddit Stock Skyrocketed in Its IPO Today

  • Reddit stock had a successful initial public offering on Thursday. The stock rose 43% from its $34 per-share listing price and raised $519 million for the company.
  • 03/21/2024

Reddit is in great shape to become profitable, IPO expert says

  • Social Media giant Reddit (RDDT) is set to make its Initial Public Offering (IPO) on the New York Stock Exchange on Thursday. The company is pricing its IPO stock price at around $34 per share.
  • 03/21/2024

After Reddit IPO, clock is ticking on CEO's ‘strange' bet on the stock's performance

  • Now that Reddit Inc. is a public company, Chief Executive Steve Huffman is set to make millions — and even more if the stock manages to hold its value.
  • 03/21/2024

Reddit's Next Steps Now that Stock is Public

  • Christine Lagorio-Chafkin, Editor at Large at Inc Magazine and author of We Are the Nerds: The Birth and Tumultuous Life of Reddit, the Internet's Culture Laboratory joins Bloomberg Businessweek and reacts to Reddit's first day of trading on the NYSE
  • 03/21/2024

Reddit shares soar on first day of public trading

  • Company stock price climbed nearly 70% from its IPO, with Condé Nast's parent company standing to make nearly $1.4bn
  • 03/21/2024

Is RDDT Stock the Next Big AI Company After the Reddit IPO?

  • Every stock is an AI story now, or so it seems. For Reddit (NYSE: RDDT ) and its initial public offering (IPO) today, that's at least part of the story driving shares of RDDT stock more than 45% higher in afternoon trading.
  • 03/21/2024

Radient Technologies (RDDTF) Stock Skyrockets 4,900% in Apparent Reddit Mixup

  • There have been a number of high-profile stock mixups in the past that have led certain penny stocks to skyrocket in a short amount of time before dying back down. One such stock generating an incredible amount of interest today is Radient Technologies (OTCMKTS: RDDTF ).
  • 03/21/2024

Reddit IPO: shares fly in stock market debut

  • Reddit shares surged as much as 70% above their offering price on the social media platform's first day of trading on Thursday. The stock debuted on the New York Stock Exchange at $47 per share, above its IPO price of $34.
  • 03/21/2024

Reddit shares open above IPO price: Here's what you need to know

  • Doug Clinton, Deepwater Asset Management managing partner and co-founder, and CNBC's Deirdre Bosa join 'Power Lunch' to discuss Reddit's shares opening above its IPO price and outlook for the company.
  • 03/21/2024

Reddit, the self-anointed 'front page of the internet,' jumps 55% in Wall Street debut

  • Reddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
  • 03/21/2024

Reddit IPO gives investors a new chance to buy into AI, analyst says

  • Social media giant Reddit is poised to make its IPO on the New York Stock Exchange on Thursday under the ticker RDDT. The price of the stock will most likely trade around $34 per share.
  • 03/21/2024

Reddit Shares Soar as It Begins Trading on NYSE

  • Reddit shares opened at 38% above the $34 IPO price when it began trading on the NYSE. Reddit's IPO, the fourth largest this year, is a high-profile addition to 2024's roster of newly and soon-to-be public companies.
  • 03/21/2024

RDDT Stock: CEO Steve Huffman Discloses 2023 Profit as Reddit IPO Takes Off

  • After much anticipation, the social network Reddit (NYSE: RDDT ) made its public market debut on Thursday afternoon. Notably, CEO Steve Huffman remarked in an interview that the platform posted a profit in the back half of 2023.
  • 03/21/2024

Reddit begins trading: Here's what investors need to know

  • Duncan Davidson, Bull Pen Capital general partner, joins 'The Exchange' to discuss Reddit as the social media gaint begins trading, reactions from the Reddit community, and more.
  • 03/21/2024

Three Reddit-Fueled Stocks on the Verge of Breaking Out

  • Since the rise of Reddit stocks during the pandemic, it remains prudent to monitor discussions for signs of emerging trends in retail trading activity. While some have predicted the end of meme stocks following interest rate hikes by the Fed, speculative trading remains prevalent.
  • 03/21/2024

NYSE President Lynn Martin: Reddit IPO was a 'big test' for other companies

  • NYSE President Lynn Martin joins 'The Exchange' to react to Reddit's IPO, minutes after it began trading.
  • 03/21/2024

Reddit begins trading as 'RDDT'

  • Reddit begins trading, with the first trade being at $47.
  • 03/21/2024

Reddit shares skyrocket 38% above IPO price, valuing company at nearly $9B

  • The eyeball-grabbing debut will be a major test of the IPO market, where investors are seeing some green shoots, thanks to increasing bets of a soft landing.
  • 03/21/2024

Reddit's stock might get volatile if WallStreetBets jumps in: Bull Pen's Duncan Davidson

  • Duncan Davidson, Bull Pen Capital general partner, joins 'The Exchange' to discuss Reddit's IPO price, whether this IPO would spur other companies to go public, and more.
  • 03/21/2024

Reddit IPO spikes, reigniting social media sector

  • Reddit, the social networking forum where users can post, comment and interact on all kinds of issues and topics, is now a public company after a blockbuster IPO.
  • 03/21/2024

Reddit stock rallies 70% on NYSE debut

  • Reddit gained a whopping 70% as it debuted on the New York Stock Exchange on Thursday – signalling strong appetite for new tech stocks. Reddit is now worth over $10 billion The social media company priced its initial public offering at $34 per share on Wednesday that valued it at about $6.4 billion.
  • 03/21/2024

Reddit CEO: In an AI world

  • Reddit (RDDT) is making its market debut on the New York Stock Exchange on Thursday. Ahead of the stock's opening trades, Reddit Co-Founder and CEO Steve Huffman tells Yahoo Finance Executive Editor Brian Sozzi that there are three "chapters" to Reddit that investors should pay attention to: the company's ad business, user economy, and then its data.
  • 03/21/2024

Reddit Shares Surge In IPO

  • Shares of message board master Reddit headed sky high Thursday as the company launched its initial public offering. The stock was up nearly 60% from its midday at about $54, giving it a market cap of $8..8 billion.
  • 03/21/2024

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.
  • 03/21/2024

Reddit Opens Up 38%, as Shares Begin Trading

  • The social media company's debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
  • 03/21/2024

Reddit's Stock Jumps in IPO

  • Reddit shares soared in their stock-market debut, an endorsement for the social-media company and a boost for other companies eyeing 2024 IPOs.
  • 03/21/2024

Reddit IPO: Stock Rallies 50% In Wall Street Debut

  • Shares of Reddit skyrocketed in the social media firm's first day on the New York Stock Exchange, as the most notable initial public offering of 2024 encountered a hungry market.
  • 03/21/2024

Reddit pops 38% in NYSE debut to open at $47 per share

  • Reddit entered the public market on Thursday, betting that a wider swath of investors will buy into the 19-year-old social media company.
  • 03/21/2024

Reddit IPO: COO on IPO Process, Data Licensing, AI Language Models

  • Reddit COO Jen Wong calls the social media platform's IPO “one milestone in the history of a 19-year company that I think has a lot of runway,” on the day the stock begins to trade. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
  • 03/21/2024

Reddit IPO: COO on IPO Process, Data Licensing, AI Language Models

  • Reddit COO Jen Wong calls the social media platform's IPO “one milestone in the history of a 19-year company that I think has a lot of runway,” on the day the stock begins to trade. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
  • 03/21/2024

Reddit's data licensing deal in focus as the company goes public

  • CNBC's Deirdre Bosa joins 'Money Movers' to discuss Reddit's data licensing deal.
  • 03/21/2024

IPO Market Pins Hopes on Astera Labs and Reddit Debuts

  • Brianne Lynch, Head of Market Insight at EquityZen, explains why the early public-market performance of companies like Astera Labs and Reddit will be a key indicator of the broader appetite for new initial public offerings over the next year. Brianne speaks with Paul Sweeney and Bailey Lipschultz on Bloomberg Radio.
  • 03/21/2024

Reddit CEO Steve Huffman on IPO debut: The best investors of Reddit are people who use Reddit

  • CNBC's Julia Boorstin and Reddit CEO Steve Huffman join 'Squawk on the Street' to discuss the company's public debut at the New York Stock Exchange, the company's profitability outlook, advertising strategy, emerging revenue streams, and more.
  • 03/21/2024

RDDT Stock IPO: 7 Things to Know as Reddit Starts Trading Today

  • The shares of social media giant Reddit (NYSE: RDDT ) will start trading today in what many see as the biggest initial public offering (IPO) of the year. The IPO of RDDT stock, which will trade on the New York Stock Exchange, was priced yesterday at $34 per share.
  • 03/21/2024

Dow Jones Today: Stock Futures Rise Following Fed Decision; Reddit Set to IPO

  • Stock futures rose in premarket trading on Thursday after the Fed maintained its projection for three rate cuts this year and ahead of Reddit's hotly anticipated initial public offering.
  • 03/21/2024

Reddit to start trading today: Here's what investors can expect

  • Hope King, Axios business reporter, joins 'Squawk Box' to discuss Reddit's public market debut later today, what to expect from the IPO, and more.
  • 03/21/2024

7 Social Media Stocks With More Upside Potential Than Reddit's Overhyped IPO

  • Reddit's IPO is making waves among social media stocks as early investors massively oversubscribe to the listing, which is expected to post between $31 and $34 per share. While some may see Reddit as the next big social media stock, better options and alternatives are out there.
  • 03/21/2024

Five things to know about Reddit

  • Wall Street will see one of the year's most highly anticipated IPOs this week, when the nearly two decade old social media platform Reddit goes public, set for Thursday.
  • 03/21/2024

Reddit's I.P.O. Is a Content Moderation Success Story

  • The site's journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.
  • 03/21/2024

Reddit, the self-anointed the 'front page of the internet,' set to make its stock market debut

  • Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory—the stock market.
  • 03/21/2024

Reddit to list shares at top end of IPO range

  • Reddit, the social media platform, is set to debut on the New York Stock Exchange at the top end of its guidance at US$34 per share. This gives the company a fully diluted valuation of US$6.4 billion, well below the US$10 billion it was valued at when it went through a private fundraising back in 2021.
  • 03/21/2024

Now is the time for Reddit to 'walk the walk', says Wedbush's Dan Ives

  • Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
  • 03/20/2024

Reddit prices IPO at $34 per share, the top of the range

  • Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company's IPO on Thursday. The social media giant raised nearly $500 million in the offering.
  • 03/20/2024

Reddit prices IPO at top of indicated range to raise $748 million

  • Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share Wednesday raising $748 million and giving the IPO market a much-needed boost.
  • 03/20/2024

Condé Nast's Owners Set to Reap a $1.4 Billion Windfall From Reddit

  • The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.
  • 03/20/2024

Reddit Reportedly Prices Its IPO at $34 Per Share, Valuing It At $6.4 Billion

  • Reddit priced its initial public offering (IPO) at $34 per share Wednesday evening and is set to begin trading Thursday, according to reports.
  • 03/20/2024

Reddit Priced IPO At $34 Per Share—Hitting The High End Of Its Range

  • Reddit priced its initial public offering at $34 a share, which is on the high end of its targeted range and gives the company a value of about $6.4 billion, multiple outlets reported Wednesday afternoon.
  • 03/20/2024

Reddit Prices IPO at $34 a Share

  • The popular social media site debuts Thursday. Will Reddit lead to a unicorn IPO revival?
  • 03/20/2024

Reddit reportedly prices IPO at $34 per share

  • CNBC's Leslie PIcker joins 'Fast Money' with breaking news that Reddit plans to price its IPO at $34 per share according to sources familiar with the matter.
  • 03/20/2024

Reddit reportedly prices IPO at $34 a share, at high end of its target range

  • Reddit is poised to take the plunge into public markets after announcing pricing for its closely-watched initial public offering.
  • 03/20/2024

Reddit prices IPO at $34 per share, sources say

  • Reddit has priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion.
  • 03/20/2024

Reddit Said to Price I.P.O. at $34 a Share, in a Positive Sign for Tech

  • The social media company raised $748 million in the offering. Its shares begin trading on the New York Stock Exchange on Thursday.
  • 03/20/2024

Reddit prices IPO at top of indicated range, sources say

  • Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, according to people familiar with the matter.
  • 03/20/2024

Reddit Prices IPO at $34 a Share

  • The initial public offering was priced at the high end of its targeted range.
  • 03/20/2024

Reddit, Holders Guide IPO Price At Top Range or Above

  • Reddit and its selling shareholders are guiding that they could price the social media company's initial public offering at the top of its marketed range or above, according to people familiar with the matter. Bloomberg's Katie Roof joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
  • 03/20/2024

Reddit's IPO raises questions about profitability. Here's how it makes money.

  • Reddit's forthcoming IPO has raised the question of how the social-media platform makes money and plans to turn a profit.
  • 03/20/2024

Reddit nears IPO: Here's what investors need to know

  • Duncan Davidson, partner at Bullpen Capital, joins 'The Exchange' to discuss Reddit as the social media giant is going public this week, the company's path to profitability, and more.
  • 03/20/2024

Wall Street's Favorite Tech Stocks? 3 Names That Could Make You Filthy Rich

  • Technology stocks abound on Wall Street. There is no shortage of tech stocks new and old.
  • 03/20/2024

Reddit IPO could be priced above guided range - reports

  • Reddit's high-profile initial public offering (IPO) in the US will likely be priced at the top end, or even above, its marketed range, reports have said. Due to take place on Thursday, the IPO will see Reddit and its shareholders offer 22 million shares for US$31 to US$34 each.
  • 03/20/2024

Reddit guides IPO may price at top of range or above, source says

  • Reddit and its bankers are guiding that they could price the social media platform's initial public offering (IPO) at the top of the indicated range or above, according to a source familiar with the matter.
  • 03/20/2024

Reddit will learn how to monetize their customers and surprise people, says tastylive's Tom Sosnoff

  • Tom Sosnoff, tastylive CEO, joins 'Squawk Box' to discuss Reddit's upcoming IPO price target announcement, what to expect from the IPO, and more.
  • 03/20/2024

Reddit power users balk at chance to participate in IPO as Wall Street debut nears

  • Reddit is inviting some users to participate in its IPO this week, but moderators told CNBC that they're not taking the company up on its offer.
  • 03/20/2024

First it was Facebook, then Twitter. Is Reddit about to become rubbish too?

  • Reddit's IPO is worrying for users – big money has a nasty habit of ruining our favourite sites
  • 03/20/2024

Post-IPO, Reddit will still be the ‘quirky goth kid' to Google and Facebook's ‘varsity quarterbacks'

  • Reddit's looming IPO has thrust the company firmly into the spotlight, although Kamran Ansari, venture partner at Headline, expects the social-media platform to retain the quirkiness and edginess that have become its hallmark.
  • 03/19/2024

Reddit CEO addresses whopping $193M compensation package

  • Reddit CEO Steve Huffman explained his $193 million compensation plan in response to a user's inquiry in a Q&A session with the platform's community ahead of Reddit's IPO.
  • 03/19/2024

FOMC Decision, Reddit IPO Pricing, Lagarde Speaks, Earnings | What We're Watching

  • What We're Watching for tomorrow: FOMC Decision, Reddit IPO Pricing, Lagarde Speaks, Earnings
  • 03/19/2024

Should You Buy the Reddit (RDDT) Stock IPO?

  • Are you ready for what could be the year's biggest trading debut? Later this week Reddit will begin trading under the symbol RDDT on the New York Stock Exchange.
  • 03/19/2024

Invest in what you know: Reddit moderator who saw meme-stock craze is buying into platform's IPO

  • In 2008, Heather Lagaso was part of what she describes as an “exodus” of users from social-news website Digg to Reddit, which had been founded three years earlier. Fast-forward 16 years, and she is set to become a shareholder in Reddit's closely watched initial public offering.
  • 03/19/2024

3 Short-Squeeze Stocks to Buy Before the Reddit IPO

  • While waiting for the Reddit IPO to (likely) crash and burn based on massive oversubscription and limited prospects, some retail traders see the stock as a short-squeeze superstar in the making. Since so many expect the stock to suffer once it hits public markets, the thesis affirms that massive short selling from the outset will artificially suppress per-share pricing.
  • 03/19/2024

Investors: ‘Be careful' with Reddit's NYSE debut, ex-CEO cautions

  • Former New York Stock Exchange Chairman and CEO Dick Grasso looks ahead to Reddit's IPO valuation and the A.I. stock boom trajectory.
  • 03/19/2024

Reddit faces Nokia patent complaint ahead of IPO

  • Reddit is mulling a letter from Nokia which alleges the social media has infringed some of its patents ahead of its initial public offering (IPO) this week. This follows a Federal Trade Commission inquiry into Reddit's use of user-generated content to train artificial intelligence models, including through selling and licensing data to third parties.
  • 03/19/2024

Astera Labs And Reddit Set To Debut As IPO Activity Remains Low For 2024

  • Astera Labs And Reddit Set To Debut As IPO Activity Remains Low For 2024
  • 03/19/2024

Reddit CEO Steve Huffman defends his $193 million compensation package

  • Reddit CEO Steve Huffman discussed his compensation package in a video Q&A posted on the forum. The CEO's $193 million pay package includes a mix of salary and stock.
  • 03/18/2024

Reddit's IPO could be a bellwether for other offerings this year, says Vanderbilt professor

  • Reddit's impending IPO could a trailblazer for other public offerings in 2024, says Josh White, assistant professor of finance at Vanderbilt University.
  • 03/18/2024

Astera Labs and Reddit Set to Debut as IPO Activity Remains Low for 2024

  • The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Last week we wrote about how M&A activity has been light​ so far for 2024, well the same holds for IPO activity.
  • 03/18/2024

Is Reddit's IPO worth it? Social media site aims to go public 'out of necessity,' says finance expert

  • Despite never having made a profit in its nearly 20-year history, Reddit, the site that bills itself as "the front page of the internet," is gearing up to go public, targeting a valuation of about $6.5 billion.
  • 03/18/2024

Reddit IPO five times oversubscribed - reports

  • Reddit's initial public offering (IPO) is reportedly as much as five times oversubscribed as the social media seeks out investors in search of a US$6.5 billion valuation. As per Reuters-cited sources, Reddit has been met with the interest ahead of plans to price the IPO this Wednesday.
  • 03/18/2024

Why You Should Resist Reddit IPO's First-Day Price Pop FOMO

  • Reddit — the money-losing social media platform — is going public March 20 and the shares are likely to rise sharply on the first day of trading. The reason?
  • 03/18/2024

They're Reddit Die-Hards. Do They Want to Be Shareholders, Too?

  • The social-media platform is offering IPO shares to users in an unusual pitch to individual investors.
  • 03/18/2024

Reddit Is Going Public Soon. Here's Why That Could Be Good News for Investment Banks.

  • After waiting a couple of years, social media company Reddit is going public on March 21 at a $6.5 billion valuation. Companies had put IPOs on hold until market conditions improved.
  • 03/18/2024

Why I'm Avoiding The Reddit IPO

  • Reddit's IPO approaches with an apparent overvaluation of $6 billion. The company does not make money, has a history of substantial losses, and has tremendous amounts of preferred equity in its capitalization. RDDT suffers from an inability to monetize at scale because most of its value comes from experiences that are necessarily free and long-established as such.
  • 03/18/2024

Reddit's IPO as much as five times oversubscribed: report

  • Reddit's upcoming initial public offering is reportedly four or five times oversubscribed as the social media platform seeks a $6.5 billion valuation from its stock market debut.
  • 03/17/2024

Exclusive: Reddit's IPO as much as five times oversubscribed, sources say

  • Reddit's initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more likely the social media platform will attain the $6.5 billion valuation it seeks.
  • 03/17/2024

Reddit IPO: Why the Social Media Stock Could Be a Hidden Artificial Intelligence (AI) Winner

  • Reddit is set to start trading on March 21, and is seeking a valuation around $6.5 billion. The social media company is growing steadily, but is still unprofitable.
  • 03/16/2024

Reddit reveals FTC inquiry into deals licensing its users' data for AI training

  • Reddit said Friday that the Federal Trade Commission has opened an inquiry into the social media platform's sale, licensing or sharing of its users' posts and other content to outside organizations for use in training artificial intelligence models.
  • 03/16/2024

Reddit: Unproven And Overvalued

  • Reddit's heavy dependence on advertising revenue, history of unprofitability, and mismanagement make it a risky investment. The platform's strength lies in its community-powered recommendations, but advertising erodes its authenticity and utility. Reddit is looking to IPO at a valuation that would place it on the upper-end of Price/Sales ratios for social networks.
  • 03/16/2024

Reddit: IPO Icebreaker

  • Reddit: IPO Icebreaker
  • 03/16/2024

U.S. IPO Weekly Recap: 7 New Filers Join The Pipeline As Reddit And Auna Launch

  • U.S. IPO Weekly Recap: 7 New Filers Join The Pipeline As Reddit And Auna Launch
  • 03/16/2024

Reddit IPO preview: Social media platform is set to go public, but it's still not profitable

  • Reddit is gearing up to launch its IPO next week, eyeing a valuation of around $6 billion. While some are excited, others point to the fact that the social media site isn't profitable, posting net losses of $90 million in 2023.
  • 03/15/2024

Reddit receives FTC inquiry on AI-related deals ahead of IPO

  • Reddit said on Friday the U.S. Federal Trade Commission is conducting an inquiry focused on the company's sale, licensing and sharing of user-generated content with third parties to train artificial intelligence models.
  • 03/15/2024

FTC investigating Reddit over AI data-licensing practices ahead of IPO

  • Reddit said in an updated IPO prospectus on Friday that it's being investigated by the Federal Trade Commission for its data-licensing practices.
  • 03/15/2024

Reddit could use this strategy to ‘monetize aggressively' following its IPO

  • As Reddit makes the final preparations for its initial public offering, the social-media platform has plenty of ways to drive revenue and push toward profitability, according to Ido Caspi, a research analyst at Global X ETFs.
  • 03/15/2024

Reddit readies for IPO: Heres what it means for capital markets

  • CNBC's Deirdre Bosa joins 'The Exchange' to report on Reddit's IPO preparations, potential future company IPOs following a Reddit debut, and more.
  • 03/14/2024

Reddit IPO risks 'big runup' followed by 'a drop' in the stock price, VC investor says

  • As investors await the highly anticipated Reddit IPO, some are expressing concerns about the stock's potential performance. Headline Venture Partner Kamran Ansari joins Yahoo Finance Live to share his outlook on the IPO.
  • 03/14/2024

Investors are watching Reddit IPO 'very closely': Raymond James' Sunaina Sinha Haldea

  • Sunaina Sinha Haldea, Raymond James private capital advisory global head, joins 'Closing Bell Overtime' to talk the current IPO and dealmaking space as Reddit is on deck to go public.
  • 03/13/2024

Reddit's Long, Rocky Road to an Initial Public Offering

  • The site, a throwback to an earlier era of social media, is poised to go public as soon as next week. It hasn't been easy to reach this point.
  • 03/13/2024

RDDT Stock IPO: 7 Things to Know Before the Reddit IPO

  • Easily one of the hottest topics on Wall Street right now — besides artificial intelligence (AI) and cryptocurrencies — is the initial public offering of Reddit. A social news aggregator and online community network, Reddit (which will take the ticker “RDDT”) will likely attract eyeballs as a gauge for the health of the bull market.
  • 03/12/2024

Reddit Launches Long-Awaited IPO With $748M Target

  • Reddit disclosed further details of what is set to be one of the year's biggest IPOs, with the company and some existing shareholders seeking to raise as much as $748 million. Rainmaker Securities co-founder and Managing Director Greg Martin joins Ed Ludlow on "Bloomberg Technology.
  • 03/12/2024

Reddit is the Highest Profile IPO This Year

  • The Reddit IPO is the highest profile IPO so far this year, notes john Jannarone. He talks about how Reddit is still losing money but had over $800M in revenue last year.
  • 03/12/2024

TechCrunch Minute: Reddit's IPO success may hinge on AI boom

  • The long-running dearth of IPOs could be coming to a close, partly due to Reddit's upcoming public debut. Expected to list this month, Reddit saw its valuation soar during the pandemic.
  • 03/12/2024

The Reddit IPO is coming

  • Reddit's IPO is coming, making it the first major social platform in years to take the plunge into public markets. Reddit's initial stock price of $31 to $34 a share and valuation of up to $6.4 billion has been revealed in a new S-1 filing, as we find out more details about what's to come.
  • 03/12/2024

There is something core to Reddit that is extremely powerful, says former Reddit CEO Ellen Pao

  • Ellen Pao, former Reddit CEO and Project Include co-founder, joins 'Squawk Box' to discuss Reddit's upcoming IPO, the valuation of the company today, the comparison to X, news of a potential TikTok ban, and more.
  • 03/12/2024

Reddit Needs to Be OK Being Reddit

  • The niche social network can be valuable to advertisers, but spending needs to come down.
  • 03/12/2024

Reddit aims to raise $500 mn in stock market debut

  • Reddit plans to raise some $500 million with its initial public offering of shares, using the money to improve the platform and its money-making power, according to a regulatory filing on Monday.
  • 03/12/2024

Reddit Aims For Valuation Up To $6.4B In IPO, Pricing Shares At $31 To $34

  • Reddit is targeting a valuation of up to $6.4 billion as it gets for its initial public offering. The number is below the $10 billion level achieved by the company during a 2021 fundraising round, with the disparity reflecting increased expectations for tech company profitability.
  • 03/11/2024

Y Combinator CEO Garry Tan: Reddit going public is a 'boon for all of tech'

  • Garry Tan, Y Combinator CEO, joins 'Closing Bell Overtime' to talk the collapse of SIlicon Valley Bank one year later, the OpenAI board situation, Reddit's IPO and more.
  • 03/11/2024

Reddit IPO: Analyst discusses $6.4B valuation, AI, and profitability challenges

  • Social media giant Reddit is gearing up for its IPO planned for March 21. The company is looking to raise $748 million and is targeting a valuation of up to $6.4 billion, with prices per share ranging between $31 to $34.
  • 03/11/2024

Reddit Recap & Oracle (ORCL) Earnings Released

  • Reddit is seeking to raise as much as $784M with its IPO. Nicole Petallides and Kevin Green discuss this, along with Oracle's (ORCL) 3Q earnings which were just released.
  • 03/11/2024

Here's why Plexo's Lo Toney is bullish on Reddit

  • Lo Toney, Plexo Capital managing partner, joins 'Closing Bell' to discuss Reddit's IPO filing.
  • 03/11/2024

Reddit IPO: Social Media Company Seeking Valuation Above $6 Billion

  • A new filing for the Reddit IPO reveals the company is seeking a valuation north of $6 billion for its debut on the NYSE.
  • 03/11/2024

Reddit's planned IPO share price seems high, unless you look at its AI revenue

  • If investors agree to pay its high-end range, Reddit's valuation should hit around $5.4 billion.
  • 03/11/2024

Reddit's IPO, Bitcoin's Rise, and SVB's Collapse

  • Bloomberg's Caroline Hyde and Ed Ludlow break down the latest details on the Reddit IPO as the social media company looks to raise nearly $750 million and Bitcoin tops $72,000 for the first time. Plus, Vinod Khosla discusses the state of the VC ecosystem since the collapse of Silicon Valley Bank one year ago, and shares his thoughts on Elon Musk's OpenAI lawsuit.
  • 03/11/2024

Want to Buy into the RDDT Stock IPO? Here's How the Reddit Directed Share Program Works.

  • Plenty of interest is beginning to build around Reddit's upcoming initial public offering (IPO). The social media platform has officially put forward its corporate filing for its IPO, leading to outsized interest in what will soon be RDDT stock.
  • 03/11/2024

Meme Stocks Madness: 3 Stocks Fueling the Reddit Crowd

  • In 2021, meme stocks, led by GameStop (NYSE: GME ), created seismic shifts in the investment landscape. The retail trading frenzy turned a market underdog into a sensation through the power of Reddit's online communities.
  • 03/11/2024

Reddit IPO targets 'aggressive valuation' to sell AI story: Strategist

  • In Reddit's S-1 filing with the Securities and Exchange Commission (SEC), the social media platform revealed plans to raise $748 million and seeks an estimated valuation of $6.4 billion for its highly anticipated IPO debut. Rainmaker Securities Managing Director Greg Martin joins Yahoo Finance Live to discuss Reddit's recent moves to avoid becoming just another meme stock.
  • 03/11/2024

Reddit aiming for $6.5B valuation in long-awaited IPO

  • Social media platform Reddit is targeting a $6.5 billion valuation in its highly anticipated initial public offering (IPO), the company reported Monday.
  • 03/11/2024

Reddit IPO Expected March 21st

  • Reddit is preparing to go public via IPO. Kevin Green discusses this as Reddit is planning a sale of 22M shares for $31-$34 each.
  • 03/11/2024

RDDT Stock IPO: When Does Reddit Go Public? What Is the Reddit IPO Price Range?

  • Wall Street is astir over the upcoming Reddit initial public offering (IPO) in which the company will debut its already-selected “RDDT” ticker. So, what do you need to know about the RDDT stock launch?
  • 03/11/2024

Reddit's long-awaited IPO is targeting a $6.4 billion valuation

  • Reddit is targeting a $6.4 billion valuation for its IPO this year. The company is planning to sell 22 million shares, with a pricing range of $31 to $34.
  • 03/11/2024

Reddit aims to raise nearly $750 million in upcoming IPO

  • CNBC's Leslie Picker reports on news around Reddit's initial public offering.
  • 03/11/2024

Reddit reveals IPO terms: Here's what to know

  • CNBC's Leslie Picker joins 'Squawk on the Street' with the latest news from Reddit.
  • 03/11/2024

Potential ‘meme stock' Reddit to raise ~$748M in IPO, to let Redditors sell shares immediately

  • Reddit's IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of active users and moderators into its public markets debut.
  • 03/11/2024

Reddit Seeks to Raise $748 Million in Long-Awaited IPO

  • Reddit and some existing shareholders are seeking to raise as much as $748 million in what could be one of the year's biggest initial public offerings. A filing Monday showed Reddit and the holders are planning to sell 22 million shares for $31 to $34 each.
  • 03/11/2024

Reddit Aims for Valuation of Up to $6.4 Billion. How It Compares With Pinterest, Snap.

  • Reddit will target a valuation of up to $6.4 billion in its U.S. initial public offering.
  • 03/11/2024

Reddit chases $5.4bn valuation in upcoming IPO

  • Social media platform Reddit Inc has priced its upcoming initial public offering in the US at between $31 and $34 per share. Reddit hopes to raise $748 million at the top end of this pricing range by issuing 22 million shares, representing 13.8% of Reddit's outstanding shares Hitting this target would give Reddit an approximate valuation of $5.4 billion at the top end of the share price target.
  • 03/11/2024

Reddit launches IPO at a valuation of up to $5.5 billion

  • Reddit Inc. on Monday said it plans to offer 22 million shares at a price range of $31 to $34 a share in the closely watched initial public offering for the social-media company.
  • 03/11/2024

Reddit targets up to $6.4 bln valuation in much-awaited US IPO

  • Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering (IPO), the social media platform said on Monday, as it nears one of the most-anticipated stock market debuts of the last few years.
  • 03/11/2024

Reddit to raise nearly $750 million in upcoming IPO

  • Reddit aims to raise up to $748 million as part of its upcoming IPO, in which the social media company is seeking a valuation of about to $6.5 billion.
  • 03/11/2024

Reddit aims to raise $748 mln in planned IPO, Bloomberg News says

  • Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday.
  • 03/10/2024

Why Reddit's IPO could offer an ‘unprecedented' twist in meme-stock saga

  • Reddit's looming initial public offering marks an extraordinary scenario: A company that played a part in the meme-stock phenomenon is sparking meme chatter in its own right.
  • 03/09/2024

Why Reddit is ‘walking a tightrope' with its IPO

  • Reddit's forthcoming IPO could put the social-media platform in a tricky position, according to Jon Keidan, founder and managing partner of venture fund Torch Capital.
  • 03/09/2024

Reddit: Return Of The Profitless And Overvalued IPO

  • Reddit's IPO valuation of $5 billion or higher is considered too high and reminiscent of unprofitable IPOs seen in 2021.
  • 03/08/2024

Reddit: Why I Plan To Load Up The Truck On The IPO

  • Reddit has filed for its IPO, aiming to become a publicly listed entity on the New York Stock Exchange.
  • 03/08/2024

What to expect from Reddit as the social media company looks for investors pre-IPO

  • Dan Gallagher, Wall Street Journal, joins 'Fast Money' to talk Reddit looking for investors pre-IPO.
  • 03/08/2024

Reddit Seeks $6.5B Valuation in IPO

  • Reddit is seeking a $6.5B valuation in IPO. Seema Shah discusses the report that Reddit is to launch a pre-IPO roadshow next week.
  • 03/07/2024

Reddit: Return Of The Junk Stock IPO

  • Reddit, (RDDT), should start trading as a newly public company sometime in March. At the reported valuation of $5 billion or higher, Reddit earns an Unattractive Stock Rating.
  • 03/06/2024

Reddit stock could be WallStreetBets next target

  • The long-awaited Reddit IPO could finally be upon us, with the company looking at a valuation as high as $6.5 billion, which would put its share in a target range between $31 and $34 under a ticker RDDT at the New York Stock Exchange.
  • 03/06/2024

Will the Reddit IPO Be the Mother of All Short Squeezes?

  • For the past two weeks, investors have been waiting for what promises to be the year's biggest initial public offering (IPO). On Feb. 22, 2024, the popular social media forum Reddit filed a prospectus with the U.S. Securities and Exchange Commission (SEC) seeking to go public.
  • 03/05/2024

Reddit is finally going to IPO – here's what we know and don't know about the launch

  • Offbeat social media institution Reddit will launch as an initial public offering (IPO) on the New York Stock Exchange (NYSE) soon, likely within the next month. It will be traded under the ticker RDDT.
  • 03/04/2024

U.S. IPO Weekly Recap: Microcap Makes Volatile Debut To Close Out February

  • U.S. IPO Weekly Recap: Microcap Makes Volatile Debut To Close Out February
  • 03/02/2024

Reddit seeking a valuation of up to $6.5 billion in IPO

  • Reddit is seeking a valuation of up to $6.5 billion for its upcoming IPO.
  • 03/01/2024

Reddit eyes up to $6.5 billion valuation in IPO, WSJ reports

  • Social media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, the Wall Street Journal reported on Friday.
  • 03/01/2024

Reddit Eyes Valuation of Up to $6.5 Billion in IPO

  • The social-media company was valued much higher a few years ago.
  • 03/01/2024

Reddit IPO: Can A New Social Media Stock Stand Out In Meta's World?

  • Reddit's fate on the public markets may depend on whether it can hang with the tech giants that dominate digital advertising.
  • 03/01/2024

No, Sam Altman doesn't actually own half a billion dollars of Reddit stock

  • Reddit filed for an IPO, revealing nearly 10% of its shares are owned by entities related to Sam Altman. Many news outlets assumed Altman owned all $435 million in stock, but the fine print tells another story.
  • 02/29/2024

Reddit should go public at $5 billion, according to secondary data

  • If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO above that.
  • 02/29/2024

Wait. Why is Reddit losing so much money?

  • Reddit is going public. It lost nearly $91 million last year, the company said in its newly filed IPO documents.
  • 02/27/2024

Reddit going public will 'force their hand' to learn to be profitable, says tastylive's Tom Sosnoff

  • Tom Sosnoff, tastylive CEO, joins 'Squawk Box' to discuss Reddit's decision to go public, whether the company can be profitable, news that Reddit users will be allowed to participate in the listing through a directed share program, and more.
  • 02/26/2024

Reddit CEO Steve Huffman: What to know

  • Reddit co-founder and CEO Steve Huffman was thrust into the spotlight last week after the social media platform filed for its initial public offering.
  • 02/26/2024

Equity Shot: All about the Reddit IPO!

  •  Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
  • 02/24/2024

U.S. IPO Weekly Recap: Reddit And Astera Labs Join The IPO Pipeline In Short Week

  • The first part of the body of the minutes focused on evidence regarding the current state of the economy, employment, and inflation. The most interesting part of the minutes related to how participants viewed the economy and the appropriate path for policy.
  • 02/24/2024

Reddit's public debut could mean big bucks for OpenAI CEO Sam Altman

  • Reddit's initial public offering filing reveals OpenAI CEO Sam Altman is the social media platform's third-largest shareholder, meaning he could net a fortune in its debut.
  • 02/23/2024

4 Key Takeaways From Reddit's IPO Filing

  • Reddit filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) to trade under the symbol “RDDT" this week. The company first pursued going public in late 2021.
  • 02/23/2024

A look at some of Sam Altman's investments beyond Reddit

  • CNBC's Deirdre Bosa joins 'The Exchange' to report on Sam Altman's investments beyond Reddit, the likelihood of a Reddit IPO, and more.
  • 02/23/2024

Reddit downplays risks of developer backlash, decentralized social media in its IPO filing

  • Reddit's long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest.
  • 02/23/2024

Reddit Is Moving Ahead With IPO After Two Years on Sidelines

  • Reddit filed for an initial public offering, revealing the social media platform's shrinking losses and helping to propel a still-tenuous resurgence in US listings. EquityZen Head of Market Insight Brianne Lynch joins Caroline Hyde to discuss the company's popularity on the secondary market and what to expect from the IPO.
  • 02/23/2024

Reddit cites r/WallStreetBets as a risk factor in its IPO filing

  • As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r/WallStreetBets, a community of retail traders with 15 million members, describes itself as being “like 4chan found a Bloomberg Terminal.
  • 02/23/2024

Why Reddit's IPO Is 12 Years Late To The Social Media Party

  • It's been about 12 years since the giant social network Facebook went public. Next month, Reddit — a much smaller social network — plans to sell shares in an initial public offering.
  • 02/23/2024

OpenAI's Sam Altman owns a 8.7% stake in Reddit

  • Reddit's IPO filing — which sets up the social media platform for a late-March debut — revealed OpenAI CEO Sam Altman to be the site's third-largest shareholder, controlling an 8.7% stake. Yahoo Finance Live co-hosts Brad Smith and Seana Smith touch on the role artificial intelligence may have for the platform based on Altman's presence, as well as Reddit's profitability outlook.
  • 02/23/2024

Social network Reddit's IPO is an 'AI play,' says Herb Greenberg

  • Investors getting their first look at Reddit's financials noticed a focus on AI monetization in its IPO filing.
  • 02/23/2024

Kantrowitz sees Reddit as ‘smaller, more volatile' Twitter following IPO announcement

  • Reddit is in focus this morning after Alex Kantrowitz – the founder of “Big Technology” likened it to a “smaller, more volatile” Twitter. Reddit to list on the NYSE under ‘RDDT' His comment arrives a day after Reddit filed to list on the New York Stock Exchange under the ticker symbol “RDDT”.
  • 02/23/2024

Reddit's 'Wild West' reputation isn't something that advertisers want: New York Times' Jim Stewart

  • James Stewart, New York Times columnist, joins 'Squawk Box' to discuss Reddit's IPO decision, whether the company is ready to go public, Warner Bros. Discovery's quarterly earnings results, and more.
  • 02/23/2024

Reddit is a 'smaller, more volatile' Twitter, says Big Technology's Alex Kantrowitz

  • Alex Kantrowitz, Big Technology founder, joins 'Squawk Box' to discuss Reddit's decision to go public, the company's journey to IPO, Sam Altman's stake in the company, and more.
  • 02/23/2024

Reddit files for biggest social media IPO since Pinterest

  • Self-professed ‘Front Page of the Internet' Reddit has officially filed for an initial public offering in the US, with the debut tipped for March under ticker symbol RDDT. In an S-1 filing with the Securities and Exchange Commission, Reddit touted its vast network of 100,000-plus communities, 73 million active daily users and one billion cumulative posts.
  • 02/23/2024

Reddit strikes $60M deal allowing Google to train AI models on its posts, unveils IPO plans

  • Reddit has struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve services such as Google Search.
  • 02/23/2024

OpenAI's Sam Altman is major Reddit backer as it files to go public on NYSE

  • Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
  • 02/22/2024

Reddit warns its business could be damaged by another moderator revolt

  • Last year, Reddit moderators protested against site changes that restricted third-party app access. Thousands of subreddits went private, locking the public from viewing popular forums.
  • 02/22/2024

Reddit Files Files For IPO, Will List On NYSE Under Stock Symbol ‘RDDT'; CEO Touts “Conversation From The Sublime To The Ridiculous”

  • Social media platform Reddit filed with the SEC today for an initial public offering, a move anticipated for years by the company, which was founded in 2005 by Steve Huffman, Alexis Ohanian and Aaron Swartz.
  • 02/22/2024

Sam Altman secretly owned way more Reddit stock than we thought

  • As Reddit prepares to go public, a new filing with the SEC has revealed its biggest backers. OpenAI's Sam Altman is the third-largest shareholder, the filing revealed.
  • 02/22/2024

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

  • Sam Altman used Reddit every day for years before leading a $50 million round in the online discussion board company. Now Reddit sees ChatGPT as competition.
  • 02/22/2024

Reddit says it's made $203M so far licensing its data

  • Reddit's prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its IPO prospectus filed today with the U.S.
  • 02/22/2024
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