Sam Altman’s Reddit stake worth over $600 million after first day pop on NYSE
OpenAI CEO Sam Altman was a big winner in Reddit's New York Stock Exchange debut on Thursday. Source link
Read More
Airbnb Inc
Reddit pops as much as 70% in NYSE debut after selling shares at top of range
Reddit entered the public market on Thursday, betting that a wider swath of investors will buy into the 19-year-old social
Read More
Reddit prices IPO at $34 per share in first major social media offering since 2019
Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion. Source
Read More
Venture capital firm’s plan to buy nonprofit hospital system has Ohio community on edge
Venture firm General Catalyst is in the process of trying to buy Summa Health, a nonprofit hospital system in Ohio
Read More
Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
These are the stocks posting the largest moves in midday trading. Source link
Read More
Stocks making the biggest moves after hours: Lyft, Robinhood, Airbnb, MGM Resorts and more
These are the stocks posting the largest moves in extended trading. Source link
Read More
Airbnb reports better-than-expected revenue and beats on guidance
Airbnb reported 17% revenue growth for the fourth quarter and provided an optimistic forecast for the current period. Source link
Read More
Investors in Airbnb arbitrage business allege they were defrauded in scheme promising ‘higher returns than the stock market’
Airbnb's sprawling marketplace enabled an arbitrage business to illicitly operate and attract investors in the process. Source link
Read More
The S&P 500 will try to maintain its momentum next week after breaching 5,000, with key inflation data, earnings on deck
The 5,000 milestone is psychologically significant for investors, who are weighing whether stocks have further upside from here. Source link
Read More