Reddit stock jumps after OpenAI partnership Shares of Reddit rose nearly 15% today, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. Business • 17 May 24
Reddit stock jumps after OpenAI partnership Shares of Reddit rose nearly 15% today, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. Business • 17 May 24
Reddit shares end trading up 48% in market debut Social media platform Reddit's shares ended their first day of trading in New York up 48%, suggesting that investor appetite for initial public offerings of promising yet loss-making companies could be returning. Business • 22 Mar 24
Reddit shares end trading up 48% in market debut Social media platform Reddit's shares ended their first day of trading in New York up 48%, suggesting that investor appetite for initial public offerings of promising yet loss-making companies could be returning. Business • 22 Mar 24
Reddit shares open 38% above IPO price Reddit's shares opened 38% above the initial public offering price in their debut on the New York Stock Exchange today, valuing the social media platform at $8.87 billion. Business • 21 Mar 24
Reddit shares open 38% above IPO price Reddit's shares opened 38% above the initial public offering price in their debut on the New York Stock Exchange today, valuing the social media platform at $8.87 billion. Business • 21 Mar 24
Reddit targets up to $6.4 billion valuation in US IPO Reddit is aiming for a valuation of up to $6.4 billion in its US initial public offering (IPO), the social media platform said today, as it nears one of the most-anticipated stock market debuts of the last few years. Business • 11 Mar 24
Reddit targets up to $6.4 billion valuation in US IPO Reddit is aiming for a valuation of up to $6.4 billion in its US initial public offering (IPO), the social media platform said today, as it nears one of the most-anticipated stock market debuts of the last few years. Business • 11 Mar 24
Reddit's US IPO filing reveals $90.8m losses in 2023 Reddit has disclosed that its net loss narrowed to $90.8m and revenue growth was roughly 21% in 2023, as the social media company made its IPO filing public in the run-up to its highly anticipated planned US stock market debut in March. Business • 23 Feb 24
Reddit's US IPO filing reveals $90.8m losses in 2023 Reddit has disclosed that its net loss narrowed to $90.8m and revenue growth was roughly 21% in 2023, as the social media company made its IPO filing public in the run-up to its highly anticipated planned US stock market debut in March. Business • 23 Feb 24
Reddit plans to reserve shares for its big users in IPO Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported today. Business • 21 Feb 24
Reddit plans to reserve shares for its big users in IPO Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported today. Business • 21 Feb 24
Reddit seeks to launch IPO in March - sources Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. Business • 18 Jan 24
Reddit seeks to launch IPO in March - sources Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. Business • 18 Jan 24
Reddit jumps on IPO bandwagon with confidential filing Reddit, whose message boards became the go-to destination for day traders during this year's meme stock frenzy, has said it has confidentially filed for an initial public offering with US securities regulators. Business • 16 Dec 21
Reddit jumps on IPO bandwagon with confidential filing Reddit, whose message boards became the go-to destination for day traders during this year's meme stock frenzy, has said it has confidentially filed for an initial public offering with US securities regulators. Business • 16 Dec 21
Robinhood sparks buzz on Reddit, shares surge Shares of Robinhood Markets jumped more than 15% in premarket trading on Wednesday as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming IPO last week. Business • 04 Aug 21
Robinhood sparks buzz on Reddit, shares surge Shares of Robinhood Markets jumped more than 15% in premarket trading on Wednesday as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming IPO last week. Business • 04 Aug 21
AMC falls 6% after second share sale this week Shares of AMC Entertainment, the largest cinema chain in the world, fell 6% in early deals on Friday, a day after the Reddit darling completed its second share offering this week. Business • 04 Jun 21
AMC falls 6% after second share sale this week Shares of AMC Entertainment, the largest cinema chain in the world, fell 6% in early deals on Friday, a day after the Reddit darling completed its second share offering this week. Business • 04 Jun 21
GameStop rally builds after puzzling ice-cream tweet GameStop shares surged more than 50% today as amateur investors jumped back into the stock weeks after an unprecedented short squeeze triggered a 1,600% rally in the video game retailer. Business • 25 Feb 21
GameStop rally builds after puzzling ice-cream tweet GameStop shares surged more than 50% today as amateur investors jumped back into the stock weeks after an unprecedented short squeeze triggered a 1,600% rally in the video game retailer. Business • 25 Feb 21
GameStop tumbles nearly 20%, lowest level since surge Shares of video game retailer GameStop tumbled nearly 20% today to their lowest levels since the start of a retail investor-led surge that echoed across Wall Street. Business • 09 Feb 21
GameStop tumbles nearly 20%, lowest level since surge Shares of video game retailer GameStop tumbled nearly 20% today to their lowest levels since the start of a retail investor-led surge that echoed across Wall Street. Business • 09 Feb 21
Reddit-fuelled retail trading frenzy spreads to Europe The U.S. retail stock trading phenomenon driven by the WallStreetBets Reddit forum is fuelling a copycat trading boom in Europe, bank and brokerages said. Business • 09 Feb 21
Reddit-fuelled retail trading frenzy spreads to Europe The U.S. retail stock trading phenomenon driven by the WallStreetBets Reddit forum is fuelling a copycat trading boom in Europe, bank and brokerages said. Business • 09 Feb 21
Yellen wants to 'understand deeply' GameStop frenzy US Treasury Secretary Janet Yellen said today that before she and financial market regulators took any action, they needed to "understand deeply" what happened in the trading frenzy involving GameStop and other retail stocks in recent days. Business • 04 Feb 21
Yellen wants to 'understand deeply' GameStop frenzy US Treasury Secretary Janet Yellen said today that before she and financial market regulators took any action, they needed to "understand deeply" what happened in the trading frenzy involving GameStop and other retail stocks in recent days. Business • 04 Feb 21
Reddit snaps up TikTok rival Dubsmash Reddit has acquired the Tik Tok-like app Dubsmash, both companies said, as big tech moves to carve out territory in the lucrative short-form video-sharing market. Business • 14 Dec 20
Reddit snaps up TikTok rival Dubsmash Reddit has acquired the Tik Tok-like app Dubsmash, both companies said, as big tech moves to carve out territory in the lucrative short-form video-sharing market. Business • 14 Dec 20
