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WallStreetBets Celebrates Reddit IPO 'Tendies': 'Shout Out To Reddit For The 20K Profit'
Friday, March 22, 2024 - 4:40pm | 648Reddit, Inc.‘s (NASDAQ:RDDT) IPO rekindled memories of the GameStop short squeeze which originated in Reddit’s WallStreetBets forum, and the infamous subreddit has been in the spotlight as Reddit shares began trading. Before the stock opened on Thursday, Reddit CEO Steve Huffman...
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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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'Level The Playing Field': Reddit CEO Reveals On IPO Day He's A Member Of WallStreetBets
Thursday, March 21, 2024 - 10:16am | 562Social media platform company Reddit Inc (NYSE:RDDT) is set to make its public debut on the New York Stock Exchange on Thursday. Reddit co-founder and CEO Steve Huffman talked about the retail aspect of Reddit ahead of the company’s IPO. What To Know: Reddit is best known on Wall Street as...
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OpenAI CEO Sam Altman Listed As Major Reddit Shareholder Ahead Of IPO, Holds More Stock Than Co-Founder Steve Huffman
Thursday, February 22, 2024 - 9:45pm | 651OpenAI CEO Sam Altman has been revealed as one of the top shareholders in Reddit Inc. as the social media company gears up for its initial public offering or IPO. What Happened: Altman, who briefly served as Reddit’s interim CEO in 2014, holds a significant stake in...
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Reddit IPO: Beyond The $5B Valuation Buzz
Friday, February 2, 2024 - 1:48pm | 648In a significant move that could reshape the landscape of social media IPOs, Reddit, the San Francisco-based online discussion platform, is gearing up for its initial public offering (IPO) in March 2024. Much of the media hype around the IPO is centered on the $5 billion valuation that it has been...
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GOP Gov. Mike DeWine Calls On Ohio Lawmakers To Ban Or Strictly Regulate Delta-8 THC Products
Wednesday, January 17, 2024 - 8:17pm | 612Ohio Gov. Mike DeWine (R) alongside several public officials, held a press conference on Wednesday to sound the alarm on intoxicating hemp, also known as Delta-8, and its accessibility to minors. “It is intoxicating, it is something that needs to be banned, and...
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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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Cannabis Regulatory Update: California Growers Sell Pot Products At Farmers Markets, Legalization Efforts In MO, OH, KS & SD
Thursday, April 28, 2022 - 3:46pm | 1348California To Let Cannabis Growers Sell Products At Farmer Markets, Raises Issue Of Workplace Protections For Cannabis Users A proposed bill will allow cannabis growers in California to sell their cannabis products at licensed events, such as farmer markets. Assembly Bill 269, sponsored by Assm....
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GameStop Congressional Hearing: Robinhood, Citadel Deny Collusion In Prepared Remarks
Thursday, February 18, 2021 - 11:30am | 759On Thursday, a Congressional committee will attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently experienced extreme surges in volatility. The House...
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Will Google Glass Be Dethroned Ahead Of Its Release? (GOOG)
Thursday, September 5, 2013 - 2:45pm | 750Google (NASDAQ: GOOG) gained some attention this week after reports claimed that the company will launch a separate app store for Google Glass. Two weeks ago Google acquired key patents from Hon Hai Precision Industry Co. (OTC: HNHPF), the parent company of Foxconn, the world's largest assembler....