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Reddit pops 38% in NYSE debut to open at $47 per share
- s1artibartfast 3y agoIt will be interesting to see the different takes from power users that opted in and out of the IPO at $34. I imagine that bitter power users who balked[1] at the offer will be further embittered if they lose out on a significant windfall. Stock is currently at $52 and dropping [2], and if I understand correctly, there was no post IPO lockup period. If so, I bet there was some champagne being popped at 1030 AM by those who opted in. https://news.ycombinator.com/item?id=39772319 https://news.ycombinator.com/item?id=39772319 https://finance.yahoo.com/quote/RDDT https://finance.yahoo.com/quote/RDDT