New York Post
2 months agoStartup companies
Reddit shares skyrocket 38% above IPO price, valuing company at nearly $9B
Reddit's shares opened 38% above the IPO price on NYSE, valuing the platform at $8.87 billion.
Reddit's long-anticipated IPO, priced at $6.4 billion, raised $748 million; a major test for the market amid recent IPO trends. [ more ]