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expected to be listed at an IPO price of between $31 and $34 per share. The offering would give Reddit a top valuation of about $6.4 billion — less than the $10 billion it had been valued at in ...
such as exact timing and valuation, could change. It would be the first major social media platform to go public since Pinterest’s IPO in 2019. Reddit representatives did not immediately return ...
Reddit's IPO could mark a turning point in the tech offering market, following a drought since Pinterest in 2019. While most of the media hype is centred around the valuation, here's a little peek ...
Reddit stock price bounced back on Tuesday as the company launched new artificial intelligence (AI) tools. Is RDDT a good buy ...
At the start of 2022, Reddit filed confidential IPO paperwork with hopes of listing at around a $15 billion valuation, Bloomberg reported. It hired its first CFO in 2021. But the 2022 economy didn ...
Reddit is targeting a valuation of up to $6.4 billion as it gets ... increased expectations for tech company profitability. The IPO would raise $748 million at the top of the price range, and ...
But to have any chance of sparking an exit trend, it needs to get one thing right: its valuation. Investors who buy at the IPO want upside on their investment, so Reddit has to price itself at the ...
It hasn’t given an updated count since then, though its IPO filing said the site saw 500 million visitors in December 2023. Reddit’s low valuation is partially driven by the company’s ...
Big debuts from Reddit and Astera Labs are raising hope the IPO market has finally rebounded. But it’s still not the soaring, go-go days of 2021.
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