Reddit went public on latest stepmom son sex videos in hdThursday, after much anticipation and speculation. The IPO price was set at $34 per share and, by 4 p.m. ET, when the closing bell rang, it had risen and held steady, closing the day at $50.31 per share. That represented a nearly 50 percent increase.
Reddit is obviously an important website in the ecosystem of the online world. It has, however, never been a particularly profitable endeavor. In fact, in its 18 years of existence it has never turned a profit.
That fact, paired with a general distaste for Reddit's push for monetization, made the influential stock market subreddit r/wallstreetbets wager against Reddit. This is the subreddit that ballooned GameStop and other stocks, much to the chagrin of hedge funds betting against those companies. But r/wallstreetbets was deadset of shorting Reddit's stock, with lots of users believing its value was set way too high.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
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.
Reddit, even if it isn't a giant of the Meta ilk, was seen as an important IPO in the finance world, Reuters reported.
"If Reddit trades poorly, it will cast a shadow over the IPO market. Many companies will hit pause on their IPO initiatives," Julian Klymochko, CEO of the investment firm Accelerate Financial Technologies, told the news service.
Still, an IPO has the word initial in it for a reason. This is just Day 1 of Reddit as a public company and there will be lots to come.
Gil Garcetti Presents Japan Photo Book at Pacific Asia Museum This Sunday
People are changing their Zoom backgrounds to spice up remote calls
Tom Steyer certainly tried to back it up in South Carolina
Hand sanitizer and coronavirus: Not all of it will work
CoinLoan Offers Lavish APY Rates to Mark the Introduction of Solana
Arnold Schwarzenegger is self
Dyson's new straightener will save your hair but break your wallet
Elizabeth Warren put Michael Bloomberg on blast in the debate, and the internet loved it
Matsuri of Faith in Torrance
A guide to each airline's rules about emotional support animals
Reading of Velina Houston’s ‘A Spot of Bother’
Please wash your hands, not just because all the Purell is sold out
The pitfalls of being Too Online during the coronavirus
Please wash your hands, not just because all the Purell is sold out
Elemental Raiders: Taking Blockchain Gaming Ahead
Photos show Venice's canals eerily empty during coronavirus pandemic
The best gifts for the gamer who travels
Amazon is coronavirus mess: Sellers sling merch, overpriced masks
Nature’s Vault Offers an Environmental Solution for Gold Mining
Chris Evans slams Trump's reaction to coronavirus spread
Matthew McConaughey teamed up with Wild Turkey to hand out free... frozen turkeysIs April the giraffe pregnant again?This guy dealt with his insomnia by grading foxes on Twitter and it's fantasticSnap is selling its unsold Spectacles in LondonAmazing stem cell treatment healed a lethal skin disease2 women file classThis slimy beast has people puzzled as to whether it's a dragon or a demogorgonPolitician who made fun of Women's March loses mightily to womanTwitter pauses verification requests after verifying a white supremacistDetective Trump has cracked the case on Russian interference, and uh Notice of data security incident Got a PlayStation 5? Here are the first settings you need to tweak. Twitter 'exploring' adding a dislike button or downvote system How to watch Apple's 'One More Thing' event Did Trump forget about his TikTok ban? TikTok would like to know. Up to 30% off select furniture at Cost Plus World Market 'Lego Star Wars Holiday Special' review: Don't call it a comeback Snap concludes investigation into racial bias on content team Apple's HomePod Mini is great, I just wish it had Google Assistant Space Karen is the burn Elon Musk deserves after his COVID
0.1488s , 14273.984375 kb
Copyright © 2025 Powered by 【latest stepmom son sex videos in hd】Reddit IPO stock price: Live RDDT updates as the internet reacts,Global Hot Topic Analysis
