AI
Reddit stock closes up nearly 48% on its first day of trading
31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end of that interval.
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end of that interval. Prices are […] © 2024 TechCrunch. All rights reserved. For personal use only.
Related stories
US-China tech war escalates over EV battery dominance
Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role.
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market.
Samsung Display Readies Development Team for Apple Foldable Panels
Apple supplier Samsung Display has reorganized its Apple business team to achieve operational efficiency in the development of foldable panels, claims a new report out of Korea.
Apple TV+ shows and movies: Everything to watch on Apple TV Plus
Apple TV+ offers exclusive Apple original TV shows and movies in 4K HDR quality.