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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 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 ...
The proposed initial public offering (IPO) price per share ranges between $31 and $34, aiming to raise a substantial $748 million with a targeted launch valuation of $6.4 billion. One Reddit user ...
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 ...
Reddit is eyeing an initial public offering as early as the first quarter of 2024. Potential investors are advising it to target at least a $5 billion valuation, Bloomberg reported. Investors are ...
Reddit's IPO will make its debut on the New York Stock Exchange on Thursday with the ticker RDDT. The company's target valuation is $6.4 billion, with shares estimated to cost between $31 and $34.
Reddit is attempting to raise almost $750 million in an initial public offering of its common stock. In a regulatory filing, the social news aggregation and forum network stated that the IPO will ...
Reddit is targeting a valuation of up to $6.5 billion in its highly anticipated IPO, far less than the social-media company was worth a few years ago. It plans to target a price range of $31 to ...