Reddit has priced its initial public offering (IPO) at $34 per share, reaching the top of its initially expected price range and hitting its target valuation of $6.4 billion. According to the ...
In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.” Reading time 3 minutes Beware the apes, ...
Members of the now-infamous “meme stock” vigilante subreddit r/WallStreetBets may have found their ultimate target—the mothership itself. The subreddit has been filled with users discussing the ...
The meme stock craze that started on Reddit and took the financial world by storm in 2021 may have died down, but clearly there are people who still think the social sharing platform is going "to the ...
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. In its S-1 filing, the company wrote: “Given the ...
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