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Instant Reaction: Reddit Starts Trading on NYSE

Bloomberg Daybreak: US Edition

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Reddit's Trading Performance on NYSE and Valuation Comparisons with Other Social Media Companies

The chapter explores Reddit's trading performance on the NYSE, reflecting on the IPO process, shareholder sentiments, and potential fundraising outcomes. It delves into Reddit's valuation in comparison to social media giants like Snap, Pinterest, and Meta, discussing pricing, growth potential, and Silicon Valley's buzz around the company. The conversation also covers Reddit's history, data licensing, ad sales strategies, and the platform's evolution from controversial content to a more mainstream image.

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