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Why Reddit Stock Skyrocketed in Its IPO Today

The Motley Fool

Reddit (NYSE: RDDT) stock saw explosive gains in its first day of trading. Check out this quote from the company's S-1 filing: As the world becomes increasingly data-driven, we offer solutions that are human- and experience-focused. earlier in today's session.

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Up 35% After Its IPO, Is Reddit the Next Red-Hot Artificial Intelligence Stock?

The Motley Fool

Reddit (NYSE: RDDT) launched its initial public offering (IPO) on March 21, and the stock has soared out of the gate. Here is a quote from the prospectus: "Reddit data and information constantly grows and regenerates as users come and interact with their communities and each other in genuine and authentic ways.