The chapter delves into Reddit's first day of trading on NYSE, where the stock surged by nearly 60% and reached a peak of almost $58 per share. It also mentions the impressive performance of tech IPOs like Astera, a semiconductor-related firm.
Shares of Reddit started trading today, after an IPO that valued the company near the top of its marketed range. Carol Massar, Tim Stenovec and Bloomberg's team of reporters discuss the IPO and the path ahead for Reddit.
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