Reddit IPO: A look at how other social media stocks traded post-IPO

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Reddit (RDDT) is set to list on the New York Stock Exchange via an IPO on Thursday. Though the most recent, Reddit's IPO isn't the first social media...

takes a trip down memory lane to review home several of the most high-profile social media stocks traded post-IPO, dating back to Meta Platforms' jumped to all-time highs following the Federal Reserve's decision on Wednesday to hold inflation rates in their path to tame inflation back to 2%. Social media platform Reddit is set to appear on the New York Stock Exchange via an IPO on Thursday, the company pricing its stock at $34 ahead of its listing.

This dividend stock is finally getting back on the straight and narrow after reporting a stronger bottom line, leading many to grab that dividend! The post 1 Dividend Stock Down 49% to Buy Right Now appeared first on The Motley Fool Canada. Competition for customer deposits among Canadian banks is expected to intensify with the likely onset of lower interest rates as clients divert funds parked in high-yielding fixed income products to riskier investments in search of better returns, analysts and executives say. For banks, sticky customer deposits are a cheaper source of funding that keeps costs under check and boosts lending margins.

Kim Kardashian Isn't Afraid to Kiss Emma Roberts or 'Snap a Few Necks' in Chilling “AHS: Delicate Part Two ”Trailer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reddit set for stock market debut after pricing IPO at top of rangeSocial media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, setting the stage for other companies looking to go public.
Source: GlobalCalgary - 🏆 50. / 61 Read more »