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

  • Coach@lemmy.worldEnglish
    3·
    8 months ago

    So weird. TradingView shows $47 at open, a high of $57.80 and a low of $45.05.

    • SteefLem@lemmy.world
      4·
      8 months ago

      I think they or this ticker includes the pre buyin stocks price that “loyal” reddit users could buy So that 50% up from that close not today or somehing.