Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
Reddit IPO: At the top of that range, Reddit - whose users helped create the meme stock frenzy of 2021 - would have a market value of $5.4 billion, based on an expected nearly 159 million shares outstanding. Fully diluted to include employee stock options and restricted share units, its valuation would be about $6.4 billion, the filing with the US SEC shows.