Reddit prices IPO at $34 per share, sources say

Didn't they take those away?

If you framed that ... you'd probably get a better deal than investing in Reddit

Best I can do is a Wholesome Seal.

I will give you three 🥭🥭🥭

🤡🤡🤡🤡🤡🤡🤡🤡🤡

I do, too. Spez has failed upwards for long enough. The universe's RNG is overdue for rolling low on this POS.

I see it following the same trend as other social media IPOs. Line goes up for a bit and then down way below the initial IPO price after a few weeks.

Based on watching previous IPOs, it will initially climb, as interested investors take on positions, probably a day or two. They’ll probably actively support a bid price when it tails off, buying shares in a price range trying to stave off a big drop which might cause a big divestment and lead to short attacks. I’d probably watch this like the “shit beta” stocks, as it has potential for weaponized trading given its recognition.

If it can’t climb quickly, probably going to see a blood bath as people scramble to get out when they can.

As always, not financial advice.

To close an app, swipe up from the bottom to the middle of the screen and hold until you see the App Switcher. Then, swipe up on the apps you want to close.

That’s genuinely what Siri told me lol

You may have to sell earlier, could be it only tops at $13.37

Can reddit actually defend that database? Almost all the comments are public and they don't actually own the copyright to other people's words so I don't think they could sue someone who scraped them. I suppose by going through Reddit the buyer would protect themselves from the users suing, but that doesn't seem like a huge risk.

Assuming a banana is $10, that's *650,000,000 bananas.

Edit: misread it as million. fixed.

Nah it will drop but I bet it’s gonna be a few days before it reaches the low tens. Then the real grind starts with months/years to try to regain value back to the overinflated IPO price.

We’ve seen it with plenty of stocks that IPO’d. This is not unknown territory. There is value in Reddit and there is profit to be had, but it is very under water and overvalued right now.

Investors will dump, employees will dump, price will tank to maybe 20-25$ the first day (after raising for a couple hours I predict, maybe even to 40+$), then a week after the IPO it will be 15-$.

But who the fuck knows. Markets are irrational and it could go down to 5$ the first day as mods and WSB start shorting it and making a mess on social medias.

John and Barbara.... alleged names of last two reddit users.