Reddit is set to debut on NYSE on Thursday.
stock starts off at $34 per share. The Reddit market cap is $6.4 billion but it could benefit from its meme stock reputation. stock IPO on Wednesday saw a 72% gain. Reddit is finally going to Wall Street. Founded in 2005 by University of Virginia roommates Alexis Ohanian and Steve Huffman, Reddit is ranked as one of the top 20 most popular sites on the internet globally. The social media site will debut on the New York Stock Exchange on Thursday at an unspecified time and is priced at $34 a share or $6.4 billion in market capitalization.
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