Reddit, the self-proclaimed “front page of the Internet,” shares soared 55% on its first day of trading on Wall Street
New York – Shares of Reddit soared after its Wall Street debut, with investors pushing its valuation to nearly $9 billion seconds after the company began trading on the New York Stock Exchange. Reddit, which priced its IPO at $34 a share, went public Thursday afternoon at $47 a share. The company’s shares have since … Read more