Reddit IPO: Shares Pop More Than 60% in Debut, Internet Company Nets $519 Million ...Middle East

Investors rallied around Reddit’s initial public offering Thursday, driving the discussion-forum company’s stock up over 50% in its market debut. Through the IPO — expected to be among the biggest tech stock offerings of the year — Reddit raised $519 million and created a windfall for existing shareholders, including Condé Nast parent company Advance Publications […]

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