Reddit shares opened up about 38 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year.
Archive link: Reddit Opens Up 38%, as Shares Begin Trading
Its 50% up i just saw. But give it a few days and the thing will crash. Pump and dump. Old investors want there money back they already put in years ago, as soon as they got that… gone…
50% from what? It’s the first day. It opened at $47 and it’s at $50.16, at close. That’s not 50%.
I opend my ticker app it says +50% didnt bother to look any further. That stock is just as full of air as trump
Oh i just checked they use 34$ as start price
So weird. TradingView shows $47 at open, a high of $57.80 and a low of $45.05.![](https://lemmy.world/pictrs/image/4b4defd9-7b76-462e-a94c-40625739bf0d.jpeg)