Previous Close | 14.24 |
Open | 14.25 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1100 |
Day's Range | 13.90 - 14.30 |
52 Week Range | 11.83 - 27.65 |
Volume | |
Avg. Volume | 3,083,653 |
Market Cap | 4.25B |
Beta (5Y Monthly) | -0.38 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 14, 2019 |
1y Target Est | N/A |
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(Bloomberg) -- Reddit Inc. disclosed further details of what is set to be one of the year’s biggest initial public offerings, with the company and some existing shareholders seeking to raise as much as $748 million.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless RisksChinese Stocks Gain 20% From Lows, Fueling Market Bottom CallsReddit and the holders are plannin
In 2021, meme stocks, led by GameStop (NYSE:GME), created seismic shifts in the investment landscape. The retail trading frenzy turned a market underdog into a sensation through the power of Reddit’s online communities. While the peak of the meme stock mania may have faded, its essence lingers, keeping the market abuzz with potential volatility and opportunity. Reddit’s forthcoming initial public offering (IPO) captures the spotlight, promising to blur the lines between social media enthusiasm a
Danish researchers published a report on the arXiv.org open-access archive for scholarly articles in February about the Jan. 2021 short squeeze of video game retailer GameStop (NYSE:GME). The researchers found that the subreddit community WallStreetBets ‘s(WSB) desire to find and invest in stocks primed for short squeeze had a role in GME’s short squeeze from more than three years ago. “We estimated that the size of the total position of WSB users amounted to at least 1% of GME market capitaliza