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News@lemmy.world · 8 months ago

Reddit Opens Up 38%, as Shares Begin Trading

www.nytimes.com

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Reddit Opens Up 38%, as Shares Begin Trading

www.nytimes.com

bean@lemmy.world to

News@lemmy.world · 8 months ago

The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.

Reddit shares opened up about 38 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year.

Archive link: Reddit Opens Up 38%, as Shares Begin Trading

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8 months ago
Same! I’ve actually been really good about using Lemmy now. I only end up on Reddit when there is some obscure question someone answered ages ago. Not for the new content and certainly not posting comments or submitting any. Spez burned us all. He can rot in hell.

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