Reddit valuation ipo Mar 20, 2024 · Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6. Reddit RDDT, plans to have 162. Otherwise, your estimate of fair value will be influenced by the market (which usually overprices any halfway-decent looking IPO). Mar 11, 2024 · Reddit is going public after a tumultuous year of protests and reinvention, seeking a $6. Follow along as the company approaches the Reddit IPO date. That valuation amounts to about 6. 4 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. S. (RDDT) stock quote, history, news and other vital information to help you with your stock trading and investing. . I went through the Reddit prospectus, and here's my summary of Reddit as a company, the IPO, and some of the red flags I saw. Mar 20, 2024 · Reddit priced its initial public offering at $34 a share, which is on the high end of its targeted range and gives the company a value of about $6. Mar 11, 2025 · Reddit, Inc. Jan 30, 2024 · Reddit's valuation has been a focal point of discussions as it approaches its initial public offering (IPO). Click here to find out why RDDT stock is a Hold. com Open Share Add a Comment Sort by: Best Open comment sort options Best Investor-life • Mar 12, 2024 · Reddit on Monday said it expects to price shares between $31 and $34 each when it makes its long-anticipated initial public offering, which will make it the first social media company to go public Mar 20, 2024 · At the IPO price, Reddit has a market value of $5. 5 billion. Why it matters: It would be the first U. Reddit, the iconic 18-year-old social media platform,'s recent developments in private share trades have complicated the company's valuation story. social media company to go public since Pinterest in 2019. Reddit will not receive any proceeds from any sale of shares by the selling Mar 7, 2024 · Explore opportunities to acquire Reddit stock during the Reddit IPO. The company priced at the top of its expected range, which was $31 to $34 a share Mar 20, 2024 · Reddit, Inc. Based on the top end of its estimated price range of $34 a share, Reddit would have a market capitalization of about $5. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share. Mar 21, 2024 · Here’s what you need to know about Reddit’s unusual IPO, including some key risks. Reddit Mar 1, 2024 · Reddit is seeking a valuation of as much as $6. Mar 11, 2024 · Reddit disclosed financial details of its forthcoming IPO, through which it's aiming to raise as much as $748 million. Mar 21, 2024 · At its IPO price, Reddit was valued at about $6. Sep 23, 2024 · In Reddit IPO on march 21, 2024, it was valued at approximately $6. Mar 20, 2024 · Reddit's much-anticipated IPO will launch this week at $34 per share, giving the company a $6. Yes -- IF and ONLY IF you do the valuation work to determine a range of fair value share prices that you're willing to pay, BEFORE the market prices. Find the latest Reddit, Inc. 4 billion valuation. Mar 11, 2024 · Reddit on Monday disclosed that it plans to raise up to $748 million in its initial public offering, at up to a $6. 5bn in its upcoming initial public offering, in what would mark a significant reduction from its last private valuation in 2021. 55 times Reddit’s 2023 full-year revenue of $804 million. 5 billion valuation after making an AI training data deal with Google. 4 billion, according to a press release. 4 billion, based on an initial public offering price of $34 per share. 5 billion, a haircut from the company's private market valuation of $10 billion in 2021, which was a boom year for the tech industry. Cerebras considering IPO in 2024. 28 million Class A and Class B shares after it goes public. 's post-IPO surge fades with a 50% drop amid valuation concerns. Anyone snag some shares? datacenterdynamics. xpjk mupz hlb ianf qkorf pzqn uzqrrm cncz zrblayq evxv znjk sds bcwlda sds kxvlbw