26.03.2024 12:45 Uhr, Quelle: 9to5Mac

Reddit share value 86% up on IPO price; may be good sign for tech sector

Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase. Early private investors have seen even greater returns, with OpenAI CEO Sam Altman seeing his own stake in the company grow from $200M to over $600M – and some analysts believe market confidence in the stock could be good news for the tech sector as a whole … more…

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