April 2, 2024 (Globalinvestorideas.com Newswire) Tech Stock News Bite – Reddit, Inc. (NYSE: RDDT) stock is giving investors gains today as the Dow retreats over 400 points. The stock is bouncing back from yesterday’s lows, with a trading range of $44.00 to $74.90 since its recent IPO.
The stock is trading at $50.77, up $4.80 for a gain of 10.45%. The stock had a day’s high of $51.35 for even bigger profits for investors betting on the social media company.
Reddit is a community of communities. It’s built on shared interests, passion, and trust and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and approximately 73+ million daily active unique visitors, Reddit is one of the internet’s largest sources of information.
Read the company’s full news and disclaimer here:
https://finance.yahoo.com/news/reddit-announces-pricing-initial-public-214500275.html
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