Rainmaker Securities Managing Director Greg Martin discussed Reddit’s plans for its IPO debut, which includes setting aside about 1.7 million shares for certain platform users. Reddit’s S-1 filing shows it’s looking to raise up to $748 million at a $6.4 billion valuation. Martin joined Yahoo Finance Live on March 11, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks
Reddit (RDDT) has publicly filed for its IPO filing and will list on the NYSE in March under the stock ticker ‘RDDT.’ Reddit’s IPO filing revealed that OpenAI CEO Sam Altman will be the third biggest shareholder, controlling an 8.7% stake. Yahoo Finance Live co-hosts Brad Smith and Seana Smith break down the report on February 23, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stock #stockoptions #stockoptionstrading #stockmarket #stocks #reddit #ipo #redditshorts #openai #samaltman #ceo #ceovision #redditstories
