Reddit Stock Surges 38% to $50.44 in NYSE Debut, Valued at $9B
Mar 21, 2024, 09:30 PM
Reddit's stock surged 38% above its IPO price, opening at $47 per share on the NYSE. The social media company raised $748 million, valuing it at about $9 billion. Shares soared up to 70% in their debut, closing at $50.44, marking a successful market debut.
View original story
Markets