Reddit Ipo

The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.

Wall Street will see one of the year's most highly anticipated IPOs this week, when the nearly two decade old social media platform Reddit goes public, set for Thursday.

Reddit Inc. Chief Executive Officer Steve Huffman has run the site for the better part of a decade. His tenure has been marked by scandal, triumph and, most recently, a $193 million payday.

Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to one of the sources.

Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March.

Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the matter.

Reddit, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs for its IPO, a source familiar with the matter said.

Reddit said it had confidentially filed for a proposed initial public offering (IPO) with the US Securities and Exchange Commission (SEC).

Social media platform Reddit said on Wednesday it had confidentially filed for a proposed initial public offering (IPO) with the U.S. Securities and Exchange Commission.

Reddit is seeking to hire investment bankers and lawyers for an IPO in New York, two people familiar with the matter said.

Robinhood, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering.

Robinhood on Thursday set the stage for its hotly anticipated IPO as it revealed rapid growth in users of its trading app in a filing, while also flagging a swathe of investigations by prosecutors and regulators.

The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.

Wall Street will see one of the year's most highly anticipated IPOs this week, when the nearly two decade old social media platform Reddit goes public, set for Thursday.

Reddit Inc. Chief Executive Officer Steve Huffman has run the site for the better part of a decade. His tenure has been marked by scandal, triumph and, most recently, a $193 million payday.

Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to one of the sources.

Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March.

Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the matter.

Reddit, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs for its IPO, a source familiar with the matter said.

Reddit said it had confidentially filed for a proposed initial public offering (IPO) with the US Securities and Exchange Commission (SEC).

Social media platform Reddit said on Wednesday it had confidentially filed for a proposed initial public offering (IPO) with the U.S. Securities and Exchange Commission.

Reddit is seeking to hire investment bankers and lawyers for an IPO in New York, two people familiar with the matter said.

Robinhood, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering.

Robinhood on Thursday set the stage for its hotly anticipated IPO as it revealed rapid growth in users of its trading app in a filing, while also flagging a swathe of investigations by prosecutors and regulators.