Despite strong Q4 results with 71% revenue growth, Reddit's valuation remains very high, making it a less attractive ...
The main concern with Reddit is definitely its valuation. During the IPO, many said that the stock was overvalued, and a year later, it still is, but the stock is significantly up from the IPO price.
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Investor's Business Daily on MSNReddit Stock Slumps After Huge IPO Rally As Wall Street Debates The Site's Reliance on GoogleWith its first anniversary approaching, Reddit's IPO was a clear hit as the stock surged more than 150% from its opening price. But trading has been far rockier in recent weeks, with Reddit stock down ...
The cloud computing firm intends to test the public markets, potentially setting the tone for other AI firms amid market ...
“We understand there is a lot of interest around Discord’s future plans, but we do not comment on rumors or speculation,” a spokesperson for the company told The New York Times. “Our focus remains on ...
The main concern with Reddit is definitely its valuation. During the IPO, many said that the stock was overvalued, and a year later, it still is, but the stock is significantly up from the IPO price.
User growth has been driven largely by logged-out users accessing the platform via Google Search, a trend that has ...
According to data from S&P Global Market Intelligence, the stock finished February down 19%. As you can see from the chart, the stock started falling on its earnings report in the middle of the month ...
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However, the ripple effect of international stock market news, like the IPO of Reddit, is far greater than in Silicon Valley.
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