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The Latest Breaking News from IPO

Social media company Reddit soars to $9bn valuation in Wall Street debut

San Francisco-based social media platform’s shares close at $50.44 in long-awaited initial public offering.

Reddit shares soar on first day of public trading

Reddit shares soar on first day of public trading

Company stock price climbed nearly 70% from its IPO, with Condé Nast’s parent company standing to make nearly $1.4bn

The Guardian - US

Reddit closes nearly 50% higher on 1st trading day in latest sign IPO market heating up

Reddit closes nearly 50% higher on 1st trading day in latest sign IPO market heating up

In the wake of Astera Labs’ successful IPO, shares of the social media platform opened at $34 and closed above $50.

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Social Media Company Reddit Set For NYSE Debut After IPO

Reddit is set to debut Thursday on the New York Stock Exchange under the ticker RDDT after an IPO priced at $34 dollars a share, the company said Wednesday in a statement, which would value the platform at around $6.4 billion.

International Business Times

Reddit shares priced at $34 in largest IPO by social media company in years

Platform to make its debut on New York stock exchange on Thursday with a market value of $6.4bn

The Guardian - US

Social Media Company Reddit Rides High In IPO

The Reddit social network said Wednesday it had priced at the top of its expected range ahead of going public on the New York Stock Exchange, in a sign of enthusiasm by investors.

International Business Times

First it was Facebook, then Twitter. Is Reddit about to become rubbish too?

Reddit’s IPO is worrying for users – big money has a nasty habit of ruining our favourite sites, says digital culture journalist Hussein Kesvani

The Guardian - UK

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Reddit IPO Forecast: Should You Buy RDDT Stock, Despite WallStreetBets' Pessimism?

Reddit IPO Forecast: Should You Buy RDDT Stock, Despite WallStreetBets' Pessimism?

Reddit is set to go public this week in what will likely be among the most-watched IPOs of the last year. Here's the forecast for Reddit shares, and whether the subreddit WallStreetBets might make it a "meme stock" as some members contemplate shorting the stock.

Fast fashion: the French are bringing Shein and Temu to heel. Can Britain follow suit?

Fast fashion: the French are bringing Shein and Temu to heel. Can Britain follow suit?

Escalating tariffs on every piece of throwaway clothing contrast with Jeremy Hunt’s eagerness to host a multibillion-pound Chinese IPO

The Guardian - UK

FTC Opens Inquiry Into Reddit's AI Data Sharing Practices

FTC Opens Inquiry Into Reddit's AI Data Sharing Practices

FTC investigates Reddit's AI training practices as Reddit prepares for IPO with Google partnership.

Citigroup Investigates Senior IPO Banker For Bullying Allegations

Citigroup Investigates Senior IPO Banker For Bullying Allegations

Citigroup investigates senior banker for bullying behavior, emphasizing a safe and respectful workplace.

Arm Holdings' Shares Surge Ahead Of IPO Lock-Up Expiration

Arm Holdings' Shares Surge Ahead Of IPO Lock-Up Expiration

Arm Holdings' shares rose as investors awaited lock-up period expiration, signaling positive sentiment and confidence in the company's future prospects.

Reddit aiming for $6.5bn valuation from New York flotation

Reddit aiming for $6.5bn valuation from New York flotation

Company plans to raise up to $748m from sale of 22m shares, some of which have been set aside for users

The Guardian - UK

Reddit Is A Great Company, But Is It A Great Investment?

Reddit, which will soon launch an Initial Public Offering (IPO), is a great company but may not be a sound investment.

International Business Times

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This Pickleball Stock Could Rally 48%, According to Wall Street

Shares of Amer Sports, which debuted last month, have garnered favorable ratings from Wall Street analysts, indicating solid upside potential if scooped up amid the post-earnings pullback.

Abu Dhabi Plans Etihad Airways IPO With Bank Support

Abu Dhabi plans to take Etihad Airways public through an IPO, signaling growth opportunities in the aviation sector.

The Reddit IPO Is Almost Here: Should You Buy Reddit Stock?

The Reddit IPO will launch later this month, but should you buy the social media stock when it first starts trading? We take a closer look here.

Etihad Reports Profits, Prepares For Potential IPO

Etihad Airlines reports profits in 2022 and 2023, plans IPO for future growth. CEO highlights commitment to excellence and strategic vision for success.

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Here's How Much $10,000 Invested in Meta's IPO Would Be Worth Today

Meta Platforms has surged over 1,200% since its IPO in 2012, creating massive wealth for shareholders in the past decade. With social media upstart Reddit readying its own IPO, is industry giant Meta still a good stock to buy right now?

TSCCB officials warn about surge in IPO scams

Beware of IPO scams targeting stock market investors in Hyderabad, with losses rising significantly in 2024. Protect yourself with precautions.

3 Reasons to Buy This Creative Stock Despite Hitting a 38th 52-Week Low

134 Nasdaq stocks hit 52-week highs on Monday compared to 76 52-week lows. One of the 76 stocks hit a 52-week low for the 38th time in the past year. Despite the downward trajectory of its stock, value investors ought to be kicking the tires. Here’s why.

The Guardian - UK

UK’s Jeremy Hunt met Shein boss in attempt to lure firm’s IPO to London

Chancellor in talks with fast-fashion company as it believes it unlikely that SEC will approve US flotation

Evening Standard

Shein edges closer to London IPO amid US listing setbacks

Shein has edged closer to a London IPO as the fast-fashion firm faces setbacks to its plans to list in New York.

Evening Standard

CAB Payments CEO quits months after disastrous float

Shares of CAB had tumbled by more than 80% in the three months after its IPO, before a slight recovery

Reddit Files For IPO, Offers Users Chance To Buy Shares

Reddit files for IPO, offering shares to eligible users. CEO sees growth in advertising and data licensing. Facing competition from major tech companies, R...

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