Reddit (RDDT.N) stock price increase extended to 20%.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and...
Reddit(NYSE:RDDT) had a successfulinitial public offering(IPO) and first day of trading yesterday, with shares finishing up by 48%. TheIPO pricewas $34, the high end of the target range between $31 and $34. RDDT stock began the day trading at $47 per share and ended the day at $...
To be fair, the $34 share price valued Reddit at $6.4 billion, which is...a lot of money. Though, before the share actually hit the market, indications were it could begin trading at around $50 per share. That was the case once the stock began trading in earnest. ...
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