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EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In March: Where Do Tesla, Nvidia, SPY And Reddit IPO Rank?
Monday, April 1, 2024 - 10:11am | 1214Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during the month of March. Current prices and year-to-date...
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3 Reddit Executives Sold Too Early And Missed Out On $19M In Additional Gains From IPO
Thursday, March 28, 2024 - 4:40pm | 716The Reddit Inc (NYSE:RDDT) IPO was one of the most anticipated public debuts in recent years and saw shares soar after going public. Three of the company's top executives sold portions of their ownership stakes as part of the IPO process and missed out on millions of dollars in gains. What Happened...
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Reddit Is Selling Your Thoughts To Artificial Intelligence Firms: Should You Care?
Friday, March 22, 2024 - 3:12pm | 715Shares of social media company Reddit Inc (NYSE:RDDT) rocketed higher in their debut Thursday. As investors and users debate the valuation of the company, one key concern remains: the value of data insights and their impact on those invested in the company’s future. What Happened: Founded by...
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Reddit, Apple, Nike, Lululemon, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, March 21, 2024 - 11:36pm | 705Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401....
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Humble Beginnings: Like NVIDIA, Reddit Was Founded Inside A Restaurant
Thursday, March 21, 2024 - 3:17pm | 980Social media company Reddit Inc (NYSE:RDDT), currently trading as much as 70% above its initial public offering (IPO), has something in common with one of the hottest stocks of the last two years. Like NVIDIA Corporation (NASDAQ:NVDA), Reddit was founded thanks to a restaurant. Reddit Epiphany:...
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Reddit Shares Jump 62% On Debut: Investors, Analysts React On Social Media
Thursday, March 21, 2024 - 2:31pm | 575As the most eagerly anticipated initial public offering so far this year, shares in Reddit Inc. (NYSE:RDDT) got off to a blistering start, adding 62% to the $34 IPO price to trade at $55 in opening exchanges. It was a milestone moment for the 19-year old social media platform, founded by Steve...
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Reddit IPO Potential 'Watershed' Moment For Tech Industry, Says Wedbush's Dan Ives: Expects It To Hit $1B In Revenue Next Year
Thursday, March 21, 2024 - 5:37am | 739Wedbush's Dan Ives thinks that the upcoming Reddit Inc. IPO has the potential to be a "watershed" moment for the tech industry. What Happened: Ives said the Reddit IPO is primarily about the engagement on the platform and its potential for advertising as well as the data it generates to train AI...
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Dogecoin 'Millionaire' Wants This Reddit-Themed Meme Coin To Flip The Actual Reddit IPO
Thursday, March 21, 2024 - 3:44am | 896Reddit Inc is gearing up for a massive initial public offering (IPO), and the excitement is palpable. So much so that Glauber Contessoto, a Dogecoin (CRYPTO: DOGE) millionaire, is predicting that the meme coin $RDDT could surpass the actual Reddit stock IPO. What Happened: Contessoto, who gained...
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Jim Cramer Says Successful Reddit IPO Could Spell Trouble For Stocks: 'Those Who Want The Bull To Continue Must Root Against This Deal
Sunday, March 3, 2024 - 9:12pm | 863Jim Cramer on Sunday expressed concerns about the potential impact of a successful Reddit IPO on the current bull market. What Happened: In a recent CNBC article, Cramer highlighted the unusual nature of Reddit’s IPO, which is expected to be valued at $7 billion, with shares priced between $...
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Reddit's IPO Prospects Rise With Market Recovery, Even As Ad Revenue Falls Short of $1B Ambition
Tuesday, December 26, 2023 - 1:38pm | 417If the market for initial public offerings rebounds, Reddit will likely have an early IPO resurgence in the coming year. The prospective IPO will bring attention to Reddit's advertising prospects, which have underperformed the ambitious growth projections outlined by its...
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Reddit IPO: Want To Own A Piece Before The Listing? Buy This Chinese Conglomerate For Exposure
Wednesday, February 15, 2023 - 5:13pm | 761Social media company Reddit could be going public in the second half of 2023 according to a new report. Here’s a look at how investors can own a piece of the company before the listing. What Happened: Reddit is nearing an IPO and expected to go public in the second half of 2023. The IPO could...
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Could An Anticipated Reddit IPO Give Tencent A Value Boost? What Investors Should Know
Saturday, December 18, 2021 - 1:40pm | 535A Reddit IPO could be among the biggest stock market topics for 2022. One publicly traded conglomerate may stand to benefit from the IPO, thanks to being involved in several funding rounds. What Happened: Reddit has filed paperwork to go public. The move comes after the company was valued at $...