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$RDDT indicated to open $50-52. IPO priced at $34.
Reddit could open between $42 and $46 on the NYSE, according to early indications - follow our live blog of the IPO for updates #Reddit #RedditIPO #IPO $RDDT https://t.co/tGntJeiVmR via @marketwatch
$RDDT ❖ Reddit is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Reddit's initial public offering was priced at $34 a share, the high end of expectations, giving the social-media company a valuation of…
Reddit's IPO is set to debut with shareholders pricing it at $34 per share, at the high end of the range, valuing the company at around $6.5 billion. The official ticker symbol will be RDDT. The IPO marks the first major social media offering since 2019, with expectations of opening between $42 and $46 on the NYSE.