Together, the stock sales would be worth about $748 million, with Reddit raising about $519 million for the company through the IPO. Based on its total number of shares outstanding, the ...
Reddit IPO to Raise up to $748 Million Through Stock Debut, With Valuation of up to $6.4 Billion
In what’s poised to be one of the biggest initial public offerings of the year, Reddit disclosed financial details of its forthcoming IPO, through which it’s aiming to raise as much as $748 ...
Why Reddit’s IPO could offer an ‘unprecedented’ twist in meme-stock saga
Reddit is also inviting users and moderators who have contributed to the social-media platform to buy shares in its IPO. Users and moderators who created an account on or before Jan. 1 ...
Potential ‘meme stock’ Reddit will let Redditors sell shares immediately
Reddit’s IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of active users ...
Reddit goes public: the latest updates on its IPO
In 2021, Reddit’s first IPO attempt fizzled, but now it’s ready to try again by riding the wave of generative AI hype. After Reddit changed the terms of agreements for access to its API last ...
Reddit’s planned IPO share price seems high, unless you look at its AI revenue
Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock at $31 to $34 per share. If investors agree to pay its high ...
Reddit to launch IPO, aims to raise over $700M in new capital
Advertisement "We are going public to advance our mission and become a stronger company," Reddit CEO and co-founder Steve Huffman wrote in the IPO filing. "We hope going public will provide ...
‘Seven Samurai’ Stocks: Goldman Sachs Picks Leading Japanese Equities — How Do They Compare To The Magnificent Seven?
Japanese equities are experiencing a revival after outperforming most of their global peers for the last 18 months. This is fruitful news for investors like Warren Buffett, who placed his money in the ...
Cash in on the Crypto Craze: 3 Coins Primed for Explosive Growth
The European Union is leading the way with MiCAR, which stands for Markets in Crypto-Assets Regulation. However, other established geos like Japan and China are also moving forward with crafting ...
Crypto scammers flooded YouTube with sham SpaceX Starship livestreams
A fake Elon Musk hawked an ‘amazing opportunity’ during this morning’s big launch.
Could Bitcoin Halving Boost Crypto Prices? Here’s What To Know As Token Surges To Record High
The three previous bitcoin halving events coincided with boosted prices and increased activity in the crypto space.
Japan’s Stock Market Is Back, and It Isn’t Too Late to Buy
Seemingly small changes by policy makers and companies helped remake Japan’s corporate culture, and investors are cashing in.
Why Japan’s stock market could keep soaring — plus three stock picks there
The Japanese stock market came to the fore in the U.S. financial media last year, when the Nikkei 225 index returned 31% and Warren Buffett’s Berkshire Hathaway made a splash by investing in five ...
Japan Finally Gets a Raise
Robust wage gains have been the missing piece of the puzzle keeping Japan’s rates low—now they are finally here.
Japan: Where more regulation leads to higher stock prices
Regulation designed to create more transparency and reduce systemic risk has routed trading activity away from opaque over-the-counter markets managed by banks and into clearinghouses, mostly owned by ...
Asia stocks bide time ahead of US data; Nikkei bruised by BOJ pivot bets
Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would provide further clarity on the global interest rate easing cycle.