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Reddit Shares Jump 62% On Debut: Investors, Analysts React On Social Media
2024 Mar 21, 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...