Reddit's IPO saw shares surge almost 50% despite pricing at the high end of its expected range. The company has seen strong growth in users and revenue, but is currently losing money and burning some ...
Reddit’s IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of active users and ...
The move comes as a way to boost interest in the upcoming Reddit IPO - with the report stating that Reddit informed potential investors of the $60 million contract earlier this year. Citing sources ...
Matt Slocum / AP Reddit, the San Francisco social media site that describes itself as "the front page of the internet," filed for an initial public offering on Thursday, reflecting the tech company's ...
Reddit's stock has surged over 4x in the past year, but its valuation is now unsustainable, prompting my downgrade to a sell rating. Reddit has soared to an ~18x forward revenue multiple, twice the ...
SAN FRANCISCO (AP) — Reddit, that vast, lively and sometimes chaotic repository of internet discussion, is expected to carry a valuation up to $6.4 billion when it conducts its initial public offering ...