Bloomberg Daybreak: US Edition

Instant Reaction: Reddit Starts Trading on NYSE

Mar 21, 2024
Reddit's successful IPO debut, soaring nearly 60% in trading. Comparisons to social media giants like Snap and Pinterest. Discussion on Reddit's evolution, ad sales strategies, and path to monetization. Insights on AI technology transition and future prospects as a public company.
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Episode notes
1
Introduction
00:00 • 2min
2
Reddit's Trading Performance on NYSE and Valuation Comparisons with Other Social Media Companies
01:30 • 11min
3
Debut of StuffSnew on the New York Stock Exchange and Sponsor Ad
12:22 • 2min
4
Navigating Reddit's Path to Monetization
14:34 • 4min
5
Reddit's IPO Performance and AI Transition
18:36 • 4min
6
Analysis of Reddit's IPO and Future Prospects
22:10 • 3min