Reddit: Is 2024 a make-or-break moment for the IPO market?

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Social Media giant Reddit (RDDT) is set to make its Initial Public Offering (IPO) on the New York Stock Exchange on Thursday. The company is pricing its IPO ...

on Thursday. The company is pricing its IPO stock price at around $34 per share. Many on Wall Street patiently await the listing in real-time as the

UF Cordell Finance Professor and IPO Expert Jay Ritter joins Yahoo Finance to discuss Reddit's IPO on the NYSE and what it could mean for the IPO market moving forward. Ritter elaborates on what could really be make or break for what's to come in the IPO market:"Fintech companies, Chime and Plaid... Rubrik, a cyber security company, are among those that are reported to be planning on doing an IPO this year. Given that the stock market is hitting record highs again today and the positive reception to these IPOs, I think we're going to see a continuing strong recovery of the IPO market this year.

Reddit debuts on the New York Stock Exchange on Thursday. The platform has been around since 2005, but it gained increased recognition during the meme frenzy in 2021.Kate Nelson was in Los Angeles pursuing her passion for stand-up comedy and theater when the COVID-19 pandemic hit. The senior at Emerson College had just spent a few hundred bucks on headshots and through her internship had made some connections at HBO.

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Reddit IPO: A look at how other social media stocks traded post-IPOReddit (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...
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »

Stocks eager after Fed pause, Reddit IPO, bitcoin: 3 ThingsAll three of the major stock market indexes (^DJI, ^IXIC, ^GSPC) jumped to all-time highs following the Federal Reserve's decision on Wednesday to hold...
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »