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Reddit debuted on the New York Stock Exchange on Thursday. The platform has been around since 2005, but it gained increased recognition during the meme frenzy in 2021.
Reddit, one of the original social media companies, is finally making its debut on the New York Stock Exchange Thursday — more than a decade after many of its peers.
Reddit’s S-1 lists 16 investment banks working on the deal, including Morgan Stanley, which is the lead bookrunner. Reddit will trade on the New York Stock Exchange under the ticker RDDT.
Reddit (/ ˈrɛdɪt /) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members. Posts are organized by subject into ...
17 million subscribers [1] r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short ...
Reddit stock moved higher after giving a better-than-expected Q2 forecast for sales and profit metrics. Many strategists argue that the long-term growth story for Reddit is in artificial ...
Keith Patrick Gill[1] (born 8 June 1986) is an American financial marketer and educator [2] and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. [3][4] His analyses of GameStop stock (NYSE: GME) and details of his resulting investment gains—posted on Reddit under the username DeepFuckingValue (DFV) and on YouTube and Twitter as Roaring Kitty, were ...
(Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. The ...