Reddit jumps 55 per cent in Wall Street debut

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Reddit's successful IPO valued close to USD 9 billion on the New York Stock Exchange, priced at USD 34/share, debuting at USD 47. The price climber higher and soared over 55 per cent around 1: 20 pm ET. Supported by prominent figures like Sam Altman, Peter Thiel, and Snoop Dogg. Potential volatility expected.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ntB7rSR

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