Enlarge / Steve Huffman, u/spez on Reddit, sold 500,000 of his shares in Reddit’s IPO on Thursday AFP via Getty Images reader comments 185 In an interview on the New York Stock Exchange trading floor ahead of Reddit’s market debut on Thursday, chief executive Steve Huffman acknowledged that the mischievous retail investors that congregate on ..
Tag : IPO
reader comments 37 Reddit filed to go public on Thursday (PDF), revealing various details of the social media company’s inner workings. Among the revelations, Reddit acknowledged the threat of future user protests and the value of third-party Reddit apps. On July 1, Reddit enacted API rule changes—including new, expensive pricing —that resulted in many third-party Reddit ..
reader comments 20 Thousands of the most dedicated Reddit users will have a chance to snag shares when the company goes public in 2024, The Wall Street Journal reported Wednesday. Citing people familiar with the matter, The Journal reported that 75,000 of the “most prolific” Redditors will have an opportunity to buy “an as-yet-undetermined number ..
reader comments 36 with 33 posters participating Share this story The US chipmaker Qualcomm wants to buy a stake in Arm alongside its rivals and create a consortium that would maintain the UK chip designer’s neutrality in the highly competitive semiconductor market. Japanese conglomerate SoftBank plans to list Arm on the New York Stock Exchange ..
Enlarge / That air compressor can output up to 150 psi. reader comments 76 with 57 posters participating Share this story Rivian, the electric vehicle manufacturer, is being sued (PDF) by a shareholder who alleges that the company’s surprise 20 percent price hike tarnished Rivian’s reputation and violated US securities laws. The company made “untrue ..
February 19, 2021 5 min read This story originally appeared on StockNews Initial public offerings are always a significant event in the stock market. On February 11, with backing from Blackstone Group, Bumble Inc (BMBL – Get Rating) priced its IPO of 50 million shares at $43, raising $2.2 billion. Bumble is a dating app with a ..
It’s also important to understand the difference between growth and scale, and how you can leverage both. December 13, 2018 7 min read Opinions expressed by Entrepreneur contributors are their own. The IPO market has seen significant activity, largely due to an uptick in public offerings among private companies with a valuation of more than ..
Enlarge / The Sonos One, a Sonos smart speaker that launched with Amazon’s Alexa voice assistant. (credit: Jeff Dunn) Smart audio company Sonos has filed with the US Securities and Exchange Commission to go public. In doing so, the company warned investors of potential risk factors, such as Sonos’ dependence on competitors like Amazon, and ..
Shares of the streaming service opened at about $165, valuing the company at close to $30 billion. April 4, 2018 5 min read A Note From The Editor Think your company has what it takes to make our Top Company Cultures list? Apply now. Apply now » As the bell rang Tuesday morning at the ..