Reddit's stock ($RDDT) has been experiencing significant gains, with shares up by 17.72% to $54.15. Recent IPOs $ALAB and $RDDT saw a 16% increase. $RDDT surged by 32% and 11.5% during the day and after-hours trading, respectively. Options trading for $RDDT debuted with remarkable numbers, leading to a 30% increase and setting course for a new record high. The stock has also gained 21% and extended its gains by 50% from the previous day's pre-market.