Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase.

Update: Subsequent share sales by the company’s CEO and COO – coupled to a report describing the stock as “grossly overvalued” – saw the price fall to $49.32, below the closing price on the day of the IPO …

more… 固定链接 'Reddit share value 86% up on IPO price; may be good sign for tech sector' 提交: March 26, 2024, 3:05am CST 由 Ben Lovejoy