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Coverage dated March 19, 2024 to March 20, 2024

Social media company Reddit rides high in IPO

Headline from Digital Journal, on the newest of 2 developments

The Reddit social network said it had priced at the top of its expected range ahead of going public on the New York Stock Exchange.

Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand

    Headline from WHEC Rochester ·

  2. Newest

    Social media company Reddit rides high in IPO

    Headline from Digital Journal ·

Read the reports

Reports & sources

34 articles, oldest first.

  1. Fortune

    Reddit prices IPO shares at $34 in what Wall Street hopes will reignite the frozen market for newly public tech companies (opens Fortune)

    Published

    Fortune's feed description

    The IPO values the social media company at $5.4 billion, well short of the $10 billion valuation it had in a private funding in 2021.

  2. Quartz

    Reddit just priced its IPO at $34 per share (opens Quartz)

    Published

    Quartz's feed description

    That pricing values the social media company at $6.4 billion

  3. KEYT Santa Barbara

    Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand (opens KEYT Santa Barbara)

    Published

    KEYT Santa Barbara's feed description

    Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand

  4. New York Post

    Reddit prices IPO at top of indicated range to raise $748 million (opens New York Post)

    Published

    New York Post's feed description

    Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share Wednesday raising $748 million and giving the IPO market a much-needed boost.

  5. NBC10 Philadelphia

    Reddit prices IPO at $34 per share in first major social media offering since 2019 (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion.

  6. Forbes

    Reddit Priced IPO At $34 Per Share—Hitting The High End Of Its Range (opens Forbes)

    Published

    Forbes's feed description

    Reddit is set to start trading on the New York Stock Exchange on Thursday under the ticker “RDDT.”

  7. Insider

    Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion (opens Insider)

    Published

    Insider's feed description

    Reddit priced its long-awaited IPO on Wednesday, selling shares at $34 each, valuing the social media site at around $6.4 billion.

  8. Variety

    Reddit IPO: Shares Pop More Than 60% in Debut, Internet Company Nets $519 Million (opens Variety)

    Published

    Variety's feed description

    Investors rallied around Reddit's initial public offering Thursday, driving the stock up over 60% in its market debut.

  9. New York Post

    Reddit shares skyrocket 38% above IPO price, valuing company at nearly $9B (opens New York Post)

    Published

    New York Post's feed description

    Reddit's shares opened 38% above the initial public offering price in their debut on the New York Stock Exchange on Thursday, valuing the social media platform at $8.87 billion.

  10. Deadline

    Reddit Shares Surge In IPO (opens Deadline)

    Published

    Deadline's feed description

    Shares of Reddit surged more than 60% as the social media juggernaut went public.

  11. Time

    Reddit Is Set to Make Its Stock Market Debut. What to Know. (opens Time)

    Published

    Time's feed description

    Reddit is ready to plumb high-stakes territory—the stock market. The company priced its IPO at $34. Shares will begin trading on Thursday.

  12. Quartz

    Reddit stock is about to start trading in the first social media IPO since Pinterest (opens Quartz)

    Published

    Quartz's feed description

    Reddit priced its initial public offering at $34 per share, valuing the company at $6.4 billion.

  13. Digital Journal

    Social media company Reddit rides high in IPO (opens Digital Journal)

    Published

    Digital Journal's feed description

    The Reddit social network said it had priced at the top of its expected range ahead of going public on the New York Stock Exchange.

  14. FOX Business

    Reddit IPO spikes, reigniting social media sector (opens FOX Business)

    Published

    FOX Business's feed description

    Reddit, the social networking forum where users can post, comment and interact on all kinds of issues and topics, is now a public company after a blockbuster IPO.

  15. NBC New York

    Reddit pops as much as 70% in NYSE debut after trading at top of range (opens NBC New York)

    Published

    NBC New York's feed description

    Reddit entered the public market on Thursday, betting that a wider swath of investors will buy into the 19-year-old social media company.

  16. Investopedia

    Reddit Prices Its IPO at $34 Per Share, Valuing It At $6.4 Billion (opens Investopedia)

    Published

    Investopedia's feed description

    Reddit's much-anticipated IPO will launch this week at $34 per share, giving the company a $6.4 billion valuation.

  17. Investor's Business Daily

    Reddit IPO To Debut After Social Media Firm Prices At Top Of Range (opens Investor's Business Daily)

    Published

    Investor's Business Daily's feed description

    The Reddit IPO is priced at 34 per share, valuing the social media company at about $6.4 billion as it prepares to begin trading on the NYSE.

  18. Deutsche Welle

    Reddit valued at $6.4 billion in Wall Street IPO – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    US-based social media platform Reddit makes its debut on the New York stock market exchange, after the first big tech IPO in years.

  19. Green Field Reporter

    Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand - The Daily Reporter (opens Green Field Reporter)

    Published

    Green Field Reporter's feed description

    SAN FRANCISCO (AP) — Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform’s initial public offering was priced at $34 per share. The price announced late Wednesday came in at the top end of the target range set by Reddit’s inves…

  20. The Week

    Reddit IPO values social media site at $6.4 billion (opens The Week)

    Published

    The Week's feed description

    Reddit is making its debut as a public company Thursday on the New York Stock Exchange, under the ticker symbol RDDT

  21. Honolulu Star-Advertiser

    Reddit soars 55% in Wall Street debut (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    Reddit, which priced its IPO at $34 a share, debuted today at $47 a share.

  22. NBC 5 Dallas-Fort Worth

    Reddit pops as much as 70% in NYSE debut after selling shares at top of range (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    Reddit entered the public market on Thursday, betting that a wider swath of investors will buy into the 19-year-old social media company.

  23. Seattle Times

    Reddit prices IPO at $34 a share, in a positive sign for tech (opens Seattle Times)

    Published

    Seattle Times's feed description

    Founded in 2005, Reddit was an early social network. Now, it has built out its ad and data licensing businesses, and is tapping its conversation data for AI.

  24. France 24

    Social media company Reddit set for NYSE debut after IPO (opens France 24)

    Published

    France 24's feed description

    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.

  25. Engadget

    Reddit is now a publicly traded company (opens Engadget)

    Published

    Engadget's feed description

    Reddit is now a publicly traded company, 19 years after it first went live. It aimed to raise around $631 million in its IPO on the New York Stock Exchange.

Showing the first 25 of 26 headlines. ·

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.