Private Equity
(marketscreener.com) Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO market a much-needed boost. The IPO priced 22 million shares sold by the company and its existing shareholders at $34 a share, giving Reddit a...https://www.marketscreener.com/quote/stock/ALPHABET-INC-24203373/news/Reddit-prices-IPO-at-top-of-indicated-range-to-raise-748-million-46246440/?utm_medium=RSS&utm_content=20240320.

In this article