“Reddit prices IPO at $34 per share in first major social media offering since 2019”
March 28, 2024
“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at close to $6.5 billion. Reddit had planned to price the deal at $31 to $34 a share…”
https://www.cnbc.com/2024/03/20/reddit-prices-ipo-at-34-per-share-sources-say.html