Reddit Prices Shares at $34 in IPO from hr explore learning timesheets Watch Video
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⏲ Duration: 1:30 👁 View: 390K times ✓ Published: 21-Mar-2024
Description: Reddit Prices Shares , at $34 in IPO.<br/>Reddit will go public on March 21 and has priced <br/>its IPO at $34 a share, Yahoo Finance reports.<br/>That is about a $6.4 billion valuation.<br/>A social media company hasn't gone <br/>public since Pinterest in 2019.<br/>Reddit gained increased recognition <br/>amid the meme stock craze of 2021.<br/>Reddit had 500 million site visitors in 2023.<br/>Its revenue increased 20% <br/>from 2022 to $804 million.<br/>According to an S-1 filing, Reddit said that its \
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