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REDDIT WALLSTREETBETS
Reddit shares open 38% above IPO priceThe San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, w...21 Mar, 2024, 11.43 PM IST- Reddit set for hotly anticipated debut after pricing IPO at top of rangeSocial media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, in a test of investor ...21 Mar, 2024, 07.37 PM IST
- Reddit's IPO as much as five times oversubscribedReddit's oversubscribed IPO targets $6.5 billion valuation, seeking $748 million. Focus on niche topics, user moderators, and meme-stock sa...18 Mar, 2024, 09.14 AM IST
- Reddit targets up to $6.4 billion valuation in much-awaited US IPOThe IPO, a major litmus test for investors' appetite for new listings, will come more than two years after the company began preparations t...11 Mar, 2024, 03.52 PM IST
- US court dismisses lawsuit against Reddit by WallStreetBets founderJaime Rogozinski, who founded WallStreetBets in 2012, said Reddit ousted him in April 2020 as a pretext to keep him from controlling "a fam...12 Jul, 2023, 10.14 AM IST
- Founder of WallStreetBets, which helped ignite meme stock frenzy, sues RedditJaime Rogozinski said his ouster, ostensibly for violating Reddit policy by "attempting to monetize a community," was a pretext to keep him...16 Feb, 2023, 09.58 AM IST
- Reddit hires former Snap executive Drew Vollero as first CFOThe appointment of Vollero, who as the first finance chief of Snap guided its transition to a public company, comes amid rising expectation...05 Mar, 2021, 08.25 PM IST
- GameStop reignites meme stock frenzy with a $7.6 billion surgeThe surge was spurred by a final-hour rally on Wednesday that brought GameStop its biggest advance since Jan. 29, the day Robinhood Markets...25 Feb, 2021, 07.21 PM IST
- WallStreetBets video says it’s ‘time to level the playing field’The four-minute video contrasts media clips from figures such as billionaire Leon Cooperman who decry attacks on the wealthy with posts fro...20 Feb, 2021, 03.08 PM IST
- Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.09 Feb, 2021, 02.24 PM IST
- Reddit value hits $6 billion after users fueled a stock frenzyReddit intends to spend the cash to develop its advertising business, expand internationally and add video tools, the company said in a sta...09 Feb, 2021, 11.17 AM IST
- GameStop shares halt slide after Robinhood lifts trading curbs"The WallStreetBets influence is diminishing to a certain extent because there are a lot of people that got burned," said Dennis Dick, head...06 Feb, 2021, 11.23 AM IST
- Five things to watch in Reddit stocks trading maniaThe populist trading rally, organized in online forums such as Reddit's WallStreetBets, has helped attract a flood of retail cash into stoc...02 Feb, 2021, 02.30 PM IST
- Silver is the new Gamestop: Price boosted by online movementSilver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend.01 Feb, 2021, 10.43 PM IST
- View: Cry, cheer or ignore - what should Indian investors do about what is happening to GameStop? Be afraidWhat is it in for us in India? We have to be wary, on several counts. One is the general proposition that stock prices can be totally delin...31 Jan, 2021, 02.18 PM IST
- GameStop extends Reddit driven hyper-rally after Elon Musk tweetGameStop surged 50 per cent in extended trade after Elon Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock tra...27 Jan, 2021, 02.24 PM IST
- Wall Street vs Robinhoods: How retail investors brought a hedge fund to kneesWith the pandemic hitting retailers the worst and online gaming gaining popularity in recent years, a company like GameStop that retails vi...27 Jan, 2021, 09.27 AM IST
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