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Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...
Here's Why Reddit Stock Went Up 18% Last Month. Shares of social media platform Reddit(NYSE: RDDT) went up 17.8% in June, according to data provided by S&P Global Market Intelligence. It was an ...
(Reuters) -Reddit's shares opened 38% above the offer price when they started trading on Thursday, valuing the social media platform at $8.87 billion in a closely watched debut that could set the ...
Following the stock market surge, futures for silver began to rapidly increase as well, [156] [157] although later news reports clarified that it was unclear who was behind the rise. [158] On January 28 and 29, the price of silver rose 10 percent. [94] The surge also had an effect on the prices of gold and copper on the London Metal Exchange. [157]
According to one 2022 analysis published in The Journal of Alternative Investments, bitcoin was less volatile than oil, silver, US Treasuries, and 190 stocks in the S&P 500 during and after the 2020 stock market crash. [138] The term hodl was created in December 2013 for holding Bitcoin rather than selling it during periods of volatility. [139 ...
Reddit stock popped as much as 5% Wednesday after the company said in its first-ever quarterly earnings report that it expects better-than-expected sales growth in the current quarter and further ...
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors ...
Snoo, mascot of Reddit Inc., rings the opening bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Thursday, March 21, 2024.