2024-03-22
Bloomberg
19 related
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
2024-02-07
CNBC
12 related
Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, up from $288M in Q4 2023; SNAP drops 30%+
mean audio/video clips, I'm assuming. Does gen Z want that? idk. X: Dare Obasanjo / @carnage4life : $SNAP drops -30% after meeting expectations on revenue ($1.36B vs $1.38B) but forecasting lower tha...
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