• reddit ipo: How Reddit stacks up against social media peers

    Social media platform Reddit's market debut on Thursday ended a more than two year-long wait but shifts the focus to how it will compare with the other publicly listed peers. Despite its cult-like status, the company has failed to replicate the success of Meta Platforms' Facebook and Elon Musk's X. Here's how the 19-year-old company compares with the larger social media companies: REVENUE With just more than $800 million in annual revenue, Reddit is much smaller than peers. Most of the...

  • Reddit IPO could trigger a spike in demand for sub-Reddit memecoins MOON and BRICK, data suggests

    Key takeaways Reddit’s stock ends trading at $50.44 per share, up by 48% on its market debut. Sub-Reddit memecoins MOON and BRICK could rally higher on Reddit’s successful IPO.  Reddit shares up by 48% on market debut Social media platform Reddit finally debuted on the New York Stock Exchange (NYSE). The company’s stock, with a […]

  • How to Use Reddit for Content Marketing

    An often overlooked yet highly beneficial medium for marketers is Reddit. Here's how to use Reddit in your business for content marketing.

  • The best VPN according to Reddit

    Reddit knows best, so we've lined up the best VPN according to users on the site.

  • REDDIT worth $1 billion more than NYT?

    REDDIT worth $1 billion more than NYT? (Third column, 8th story, link) Related stories:Inside media's 12 splintering realitiesFlorida Law Restricts Socials for PEOPLE UNDER 16EU Probes APPLEGOOGLEMETA Under New Digital Law

  • Reddit prices IPO at $34 a share

    The company will offer 22 million shares of Class A common stock at $34 per share, valuing Reddit at an estimated $6.4 billion, but Reddit shares jumped as much as 60% in their debut.

  • Reddit is now a publicly traded company

    Nineteen years after its debut, Reddit is now a publicly traded company. It was listed on the New York Stock Exchange as RDDT for the first time on Thursday, with mascot Snoo on hand to ring the opening bell. The company aimed to sell 15.3 million shares at $34 a pop to raise around $519.4 million. Stockholders collectively planned to sell 6.7 million shares in the IPO for a total of $228.6 million (Reddit itself wouldn't see any of that money though). The IPO price values Reddit at just under...

  • Reddit faces new reality after cashing in on its IPO

    Reddit must now answer to its shareholders as well as its vocal users.

  • Reddit shares open 38% above IPO price

    Reddit's shares opened 38% above the initial public offering price in their debut on the New York Stock Exchange on Thursday, valuing the social media platform at $8.87 billion. The San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, while the company and its selling shareholders raised $748 million. Reddit's long-awaited entry as a publicly traded company has been in the works for more than two years. It...

  • Reddit soars 55% in Wall Street debut

    NEW YORK >> 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.

  • Reddit: The Ultimate Boom Or Bust Stock (RDDT)

    Reddit, Inc. is set to begin trading with an expected valuation of around $6.5 billion. Click here to read why we rate RDDT stock a Strong Buy.

  • Reddit's NYSE debut: Could it become an AI play?

    Reddit (RDDT) is gearing up for Thursday's highly anticipated debut on the New York Stock Exchange. The IPO has garnered significant investor interest, marking the first social media company to go public in nearly five years. The company has set an ambitious valuation of $6.4 billion, with shares expected to commence trading within a range of $31 to $34 per share. Yahoo Finance's Josh Schafer and Ines Ferré break down the details, providing insight into Reddit's financial performance and the...