#reddit-ipo
#reddit-ipo

Tech industry

Reddit Opens Up 38%, as Shares Begin Trading

Reddit shares opened up about 38% in their first day of trading.

The public markets show an appetite for tech offerings with Reddit's successful IPO. [ more ]

New York Post

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 ]

The Mercury News

Reddit jumps 55% in Wall Street debut

Reddit's IPO soared as shares jumped 55% from debut price.

Limited supply and strong demand contributed to Reddit's hot IPO market. [ more ]

www.fastcompany.com

Reddit's WallStreetBets weighs in on the company's IPO, as the stock pops in early trading

Reddit's IPO gained over 60% upon opening at $47, reaching $55.

Reddit warned investors of volatility due to factors like lack of profitability and WSB community influence. [ more ]

www.fastcompany.com

Reddit stock price today will be closely watched as NYSE trading begins in much-hyped IPO

Reddit's IPO begins with the stock ticker RDDT on the NYSE at $34 per share.

22 million Reddit shares will be available in the IPO, with the company looking to raise around $519 million. [ more ]

morestock-market

www.nytimes.com

Reddit Said to Price I.P.O. at $34 a Share, in a Positive Sign for Tech

Reddit priced shares at $34, showing strong investor demand for tech companies.

Reddit's IPO pricing a good sign for start-ups and venture capitalists. [ more ]

valuation

Morningstar, Inc.

Will Investors Upvote Reddit's IPO Despite Tough Ad Market?

Reddit targeting $6.4 billion valuation in IPO.

Reddit plans to diversify revenue sources by expanding ads and licensing content. [ more ]

Axios

Reddit gets ready for IPO, eyes top valuation of $6.4 billion

Reddit filed to offer 22 million shares at $31-$34 per share, potentially raising $682-748 million.

Reddit's IPO would value the company between $5.8 billion and $6.4 billion, with a proposed market cap of $4.9-$5.4 billion. [ more ]

TechCrunch

Reddit should go public at $5 billion, according to secondary data | TechCrunch

Reddit considering IPO at $5 billion valuation to attract investors and ensure potential upside.

Choosing the right valuation is crucial for a successful IPO, as pricing too high initially can deter buyer interest. [ more ]

TechCrunch

Musk's Grok goes open-source and Reddit updates its IPO filing | TechCrunch

Equity podcast discusses Reddit's IPO financials

Equity podcast shares Roger Lee interview details [ more ]

TechCrunch

Equity Shot: All about the Reddit IPO! | TechCrunch

The Reddit IPO filing could impact the rest of the year's public offerings.

Listeners are encouraged to follow Equity for more insights on startups and the business world. [ more ]

TechCrunch

Match Group's deal with OpenAI is just business with AI glitter on top | TechCrunch

Reddit filed to go public

Equity podcast releases new episodes every Monday, Wednesday, and Friday. [ more ]

moreequity-podcast

www.nytimes.com

Tech industry

Justice Dept. Sues Apple, Smartphones and Children with Jonathan Haidt and Reddit's I.P.O.

The U.S. Department of Justice sued Apple for smartphone market monopoly. Jonathan Haidt links mental health issues to smartphones. Reddit's challenges post NYSE debut. [ more ]

TechCrunch

Reddit prices IPO at $34 per share, the top of the range | TechCrunch

Investors excited for Reddit's IPO priced at $34/share.

Reddit's valuation starts at $5.4 billion, a drop from its private market value. [ more ]

TechCrunch

Watch: Reddit's IPO success may hinge on AI boom | TechCrunch

Reddit IPO may signal the end of IPO dearth

Investors attracted to Reddit's growth story and revenue despite unprofitability [ more ]

Investor's Business Daily

Reddit IPO: Can Reddit's 1 Billion Posts Help It Challenge Meta's Ad Empire?

Reddit preparing for IPO amidst challenges in competing with tech giants like Meta and Alphabet

Reddit aims to capitalize on digital advertising to drive revenue growth [ more ]

TechCrunch

Reddit cites r/WallStreetBets as a risk factor in its IPO filing | TechCrunch

Reddit warns of meme stock risks in its S-1 filing

Retail investors had mixed results with meme stock trading on r/WallStreetBets [ more ]

www.fastcompany.com

Reddit IPO: Here's the latest update as the NYSE stock listing date approaches

Reddit has three classes of common stock with varying voting powers.

Two major investment banks, Morgan Stanley and Goldman Sachs, will be the lead underwriters for Reddit's IPO. [ more ]

euronews

Reddit files for initial public offering, privileging active users

Reddit set to make stock market debut in March

Users and moderators of Reddit will have the opportunity to buy shares in the IPO [ more ]

Social Media Today

Business intelligence

Reddit Launches New Pro Data Analytics Suite

Reddit Pro offers tools for businesses to engage authentically online.

AI-powered trend insights provide industry and engagement information tailored to specific interests. [ more ]

www.fastcompany.com

Reddit reportedly plans to offer a big chunk' of its IPO shares to its most avid users

Reddit plans to reserve IPO shares for active users, potentially allowing them to make significant profits.

Incorporating users into the IPO process is a strategy Reddit's CEO has supported for a while. [ more ]

Ars Technica