Reddit pops 48% in NYSE debut after selling shares at top of range
Reddit saw a remarkable debut on Thursday as its shares surged by 48% in the first initial public offering (IPO) for a major social media company since Pinterest entered the market in 2019. The 19-year-old platform, renowned for hosting countless online forums, priced its IPO at $34 a share on Wednesday, hitting the top end of the anticipated range. Reddit and its selling shareholders garnered … Continue reading Reddit pops 48% in NYSE debut after selling shares at top of range
