Rddt stock
Reddit Inc Stock Earnings. The value each RDDT share was expected to gain vs. the value that each RDDT share actually gained. Reddit Inc ( RDDT) reported Q1 2024 earnings per share (EPS) of -$8.19, beating estimates of -$8.71 by 5.97%. In the same quarter last year, Reddit Inc 's earnings per share (EPS) was $0.The company stands to take in between $473.6 million and $519.4 million from the sale of roughly 15.3 million shares. Reddit's existing investors will sell an additional 6.7 million shares in the offering, raising between $208.4 million and $228.6 million for their own portfolios. Reddit itself won't benefit from those sales.
Did you know?
Find the latest Reddit, Inc. (RDDT) stock quote, history, news and other vital information to help you with your stock trading and investing.Reddit, Inc. (NYSE:RDDT) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($8.19) EPS for the quarter, missing analysts' consensus estimates of ($2.34) by $5.85. The firm earned $243 million during the quarter, compared to the consensus estimate of $213.99 million. The business's revenue for the quarter was up ...It is selling approximately 22 million shares priced at $34 each under the ticker symbol "RDDT." The company reserved about 1.76 million shares for top Reddit users, people who have taken a ...Reddit Inc Stock Earnings. The value each RDDT share was expected to gain vs. the value that each RDDT share actually gained. Reddit Inc ( RDDT) reported Q1 2024 earnings per share (EPS) of -$8.19, beating estimates of -$8.71 by 5.97%. In the same quarter last year, Reddit Inc 's earnings per share (EPS) was $0.RDDT stock went public last week at a share price of $47, which increased by 30% to $59.8 just this Monday. Reddit’s IPO is a move to allow a company to raise capital, and invest for further ...Snoo, mascot of Reddit Inc., rings the opening bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Thursday, March 21, 2024. Reddit Inc. and its ...Mario Tama. One of the biggest market headlines on Thursday was the IPO of Reddit (NYSE:RDDT).The online community company saw its shares surge almost 50% for the session, even after pricing at ...Feb 6, 2024 · Here's the simple way to buy Reddit stock: 1. Open an investment account. 2. Add money to the account. 3. Search for Reddit stock within your brokerage account's platform using the ticker "RDDT ...At its peak, shares of the stock had a market cap Thursday of about $10.9 billion. RDDT ended the day up more than 48%. Related. Ad Feedback. Ad Feedback. CNN Business Videos.Get the latest stock price, quote, news and history of Reddit, Inc. Class A Common Stock (RDDT) on Nasdaq. See the bid, ask, size, data link scorecard, earnings surprises, revenue, analyst recommendation and more.Reddit (RDDT 1.03%) stock had its initial public offering (IPO) on March 21, with an IPO price of $34 per share, and the social media company's share price has seen strong bullish momentum.Reddit shares opened at $47 on their first day of trading under the RDDT ticker on the New York Stock Exchange, well above the $34 public offering price set on Wednesday. The stock climbed as high ...Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering (IPO), the social media platform said on Monday, as it nears one of the most anticipated stock market ...Mar 26, 2024 · RDDT is an "own forever" stock without a doubt. Factoring the growth trajectory and the recent $60M annual contract with Google, RDDT may be profitable right now. ReplyAt its peak, shares of the stock had a market cap Thursday of about $10.9 billion. RDDT ended the day up more than 48%. Related. Ad Feedback. Ad Feedback. CNN Business Videos.Reddit shares opened at $47 on their first day of trading under the RDDT ticker on the New York Stock Exchange, well above the $34 public offering price set on Wednesday. The stock climbed as high ...Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol "RDDT." (Brett Jordan/Unsplash)InvestorPlace - Stock Market News, Stock Advice & Trading Tips The term “best stock to buy” applies differently to each investor a... InvestorPlace - Stock Market N...The much-anticipated Reddit stock (NYSE: RDDT) IPO is now old news, with RDDT officially trading on the New York Stock Exchange on March 21, more than a decade after many of its counterparts ...of 15 ratings. Buy. 53.3%. View the real-time RDDT price chart on Robinhood and decide if you want to buy or sell commission-free. Other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply. See Robinhood Financial's fee schedule at rbnhd.co/fees to learn more.Reddit shares jumped 30% on Monday, as investors continued snapping up the stock following last week’s IPO. The shares, which debuted at $34 on Thursday, closed at $59.80. Reddit and existing ...Mar 11, 2024 · So, what do you need to know about the RDDT stock launch? At the high end of its IPO range of $31-$34, the Reddit IPO could bring in $748 million. This would involve the sale of roughly 22 million ...RDDT stock began the day trading at $47 per share and ended the day at $50.44, equivalent to a market capitalization of about $9.5 billion. The forum community platform sold a total of 22 million ...RDDT Competitors. $ Market cap P/E ratio $ Price 1d change 52-week range. View Reddit, Inc. Class A RDDT stock quote prices, financial information, real-time forecasts, and company news from CNN.
RDDT Reddit Shines in First Earnings Report, Sending Stock Soaring Story by Aisha Counts • 15h • Bloomberg RDDT (Bloomberg) -- Reddit Inc. shares jumped as much as 16% in premarket trading after improvements to the social media platform's advertising system helped push quarterly sales higher than expected in its first results as a public company.Social media platform Reddit ( RDDT) plans to price its initial public offering on March 20 and begin trading the following day. The roadshow for Reddit's IPO will start on Monday, according to a ...The IPO of RDDT stock, which will trade on the New York Stock Exchange, was priced yesterday at $34 per share. Here are seven other things that investors should know about the Reddit IPO, the ...The company plans to trade on the New York Stock Exchange under the ticker symbol "RDDT." Its market debut, expected in March, will be the first major tech initial public offering of the year.Steve Huffman, the CEO & President, and 10% Owner of Reddit Inc ( NYSE:RDDT ), has sold 500,000 shares of the company on March 25, 2024, according to a recent SEC filing. The transaction was ...
Reddit plans to place a big chunk of its IPO shares in the hands of its users, an unusual move that could build loyalty but also comes with risk. The company plans to reserve an as-yet ...Ultimately, Reddit, Inc. stock is a conviction play - if you think that user attention is valuable, then RDDT is a buy, especially if you consider the monetization opportunity.…
Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. View the latest Reddit Inc. (RDDT) stock price, news,. Possible cause: Two months in, Reddit (NYSE:RDDT) stock is considered a successful initial pu.
RDDTNew York Stock Exchange. 58.49USD. +3.77 +6.89% Last update at May 28, 16:59 UTC-7. 57.50USD. −0.99 −1.69% Pre-market Last update at 05:24 UTC-7. See on …RDDT: Reddit Inc - Stock Price, Quote and News - CNBC. Reddit Inc RDDT:NYSE. EXPORT. WATCHLIST +. RT Quote | Last NASDAQ LS, VOL From CTA | USD. Last | 05/23/24 EDT. 54.16 -2.53 (-4.46%)...
NEW YORK, March 17 (Reuters) - Reddit's (RDDT.N) initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more ...RDDT Competitors. $ Market cap P/E ratio $ Price 1d change 52-week range. View Reddit, Inc. Class A RDDT stock quote prices, financial information, real-time forecasts, and company news from CNN.
Reddit’s stock soared in its Wall Street debut as inv Traders work during the Reddit Inc. initial public offering (IPO) on the floor of the New York Stock ...[+] Exchange (NYSE) in New York, US, on Thursday, March 21, 2024. Reddit Inc. shares jumped ...RDDT - Reddit Inc. Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts.com. ... Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. ... According to the research reports of 16 Wall StReddit is expected to go public this Thursday RDDTNew York Stock Exchange. 58.49USD. +3.77 +6.89% Last update at May 28, 16:59 UTC-7. 57.50USD. −0.99 −1.69% Pre-market Last update at 05:24 UTC-7. See on …Feb 22, 2024 · Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange ... Reddit investors shrug off hold rating, bid The stock rose to a new high of $74.80 after market open — more than double its initial public offering (IPO) price of $34. The reason? Analysts say the launch of options trading is giving bulls ...Last modified on Thu 21 Mar 2024 10.44 EDT. Reddit will enter a new era as a publicly traded company with a market value of $6.4bn after the social media platform’s initial public offering was ... Track Reddit Inc. (RDDT) Stock Price, Quote, latest community messaFinally, the study found that applying GPT-4's financial acInsiders sell $288 million in stock, Reddit users b Common stock is a security that grants the owner partial equity ownership of a corporation. This can sometimes mean that the owner is entitled to dividends. Investing in stock is a...Company News. Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol "RDDT.". Its market debut, expected in March, will mark the first major tech initial public offering of the year. Shares of Reddit (NYSE:RDDT) surged last week after t Shares of Reddit (NYSE: RDDT) are set to have their initial public offering (IPO) today on the New York Stock Exchange.As of March 17, the IPO was between four to five times oversubscribed, which ...RDDT is an "own forever" stock without a doubt. Factoring the growth trajectory and the recent $60M annual contract with Google, RDDT may be profitable right now. Reply Reddit has filed its SEC S-1 Registration Statement, initiati[RDDT Competitors. $ Market cap P/E ratio $ Price 1March 21, 2024. Reddit shares rose 48 perc RDDT Competitors. $ Market cap P/E ratio $ Price 1d change 52-week range. View Reddit, Inc. Class A RDDT stock quote prices, financial information, real-time forecasts, and company news from CNN.