{"id":13797,"date":"2024-03-20T23:37:35","date_gmt":"2024-03-20T22:37:35","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/03\/20\/reddit-shares-priced-at-34-in-largest-ipo-by-social-media-company-in-years\/"},"modified":"2024-03-20T23:37:35","modified_gmt":"2024-03-20T22:37:35","slug":"reddit-shares-priced-at-34-in-largest-ipo-by-social-media-company-in-years","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/03\/20\/reddit-shares-priced-at-34-in-largest-ipo-by-social-media-company-in-years\/","title":{"rendered":"Reddit shares priced at $34 in largest IPO by social media company in years"},"content":{"rendered":"

Platform to make its debut on the New York Stock Exchange on Thursday with a market value of $6.4bn<\/p>\n

Reddit will enter a new era as a publicly traded company with a market value of $6.4bn after the social media platform\u2019s initial public offering was priced at $34 per share.<\/p>\n

The price, announced late Wednesday, came in at the top of the target range set by Reddit\u2019s investment bankers as they spent the past few weeks gauging investor demand for the stock. It sets the stage for Reddit\u2019s shares to begin trading Thursday on the New York Stock Exchange under the ticker symbol RDDT in the largest initial public offering by a social media company in years.<\/p>\n

Continue reading…<\/a>
\nPlatform to make its debut on the New York Stock Exchange on Thursday with a market value of $6.4bn
\nReddit will enter a new era as a publicly traded company with a market value of $6.4bn after the social media platform\u2019s initial public offering was priced at $34 per share.
\nThe price, announced late Wednesday, came in at the top of the target range set by Reddit\u2019s investment bankers as they spent the past few weeks gauging investor demand for the stock. It sets the stage for Reddit\u2019s shares to begin trading Thursday on the New York Stock Exchange under the ticker symbol RDDT in the largest initial public offering by a social media company in years. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Platform to make its debut on the New York Stock Exchange on Thursday with a market value of $6.4bn Reddit will enter a new era as a publicly traded company with a market value of $6.4bn after the social media platform\u2019s initial public offering was priced at $34 per share. The price, announced late Wednesday, …<\/p>\n

Reddit shares priced at $34 in largest IPO by social media company in years<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":13798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13797"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13797"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13798"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}