Is Reddit (NYSE: RDDT) the Next GameStop (NYSE: GME)? Stock Rockets 37% in IPO Debut

Reddit shares continue to perform strongly in their Thursday IPO debut, currently trading at $47.57 with a staggering 40% increase since the opening price, reflecting a market capitalization of around $7.65 billion. This marks the first major social media IPO since Pinterest’s 2019 offering, according to a report by CNBC published earlier today. The 19-year-old […]