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    Reddit

Reddit Stock

IPO

Reddit went public on March 21, 2024. This company is no longer tradable on Hiive.

$34.00

IPO price

$50.44

Day 1 closing price

$28.82

-53.36%

all time

Final Hiive Price

Source: Hiive

LEGEND

Hiive Price

All data points are in price per share (PPS)

All prices are prices per share/unit. Trend lines are determined by calculating a weighted average of matches, bids, and listings at a point in time, with the highest weight on matches followed by bids and then listings. The weighted average excludes certain bids and listings that deviate dramatically from the latest weighted average and all standing bids and listings created less than 12 hours before the calculation. Charts and data exclude prematurely canceled transactions and primary investments into Hiive-managed funds... Read More

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Reddit IPO

Reddit completed its IPO on March 21, 2024, listing with the ticker RDDT. Reddit is no longer tradable on Hiive.

Final Hiive Price: $28.82/sh
Reddit IPO Price: $34.00/sh
Day 1 closing price: $50.44/sh

If you have any questions about buying or selling shares of private companies, don't hesitate to contact us at [email protected].

About Reddit

Operator of a social network platform designed for people to dive into anything through experiences built around their interests, hobbies, and passions.

Last private funding round

Date

August 2021 (Series F)

Capital Raised

$410m of $1.33b total

Industries

Content

Social Network

News

Social Media

Invest in pre-IPO companies

High-growth private companies trade on Hiive before they go public. Sign up to explore the market.

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Reddit IPO

Reddit completed its IPO on March 21, 2024, listing with the ticker RDDT. Reddit is no longer tradable on Hiive.

Final Hiive Price: $28.82/sh
Reddit IPO Price: $34.00/sh
Day 1 closing price: $50.44/sh

If you have any questions about buying or selling shares of private companies, don't hesitate to contact us at [email protected].

FAQ

How to invest in Reddit stock?

Reddit is a publicly traded company under the stock ticker RDDT. To invest, you must open a brokerage account with a platform that allows you to buy U.S. stocks, such as Robinhood, Vanguard, Fidelity, or your bank's brokerage division. Once your account is funded, search for RDDT stock and place a buy order.

Can you buy Reddit stock?

Since Reddit has gone public via IPO (initial public offering), SPAC, or direct listing, its shares are available to all individual investors in the public market. You can purchase shares using the Reddit stock ticker symbol RDDT through any standard brokerage account.

Can you sell Reddit shares before it goes public?

You can freely sell Reddit stock after its IPO (initial public offering), SPAC, or direct listing, provided you purchased the shares on the open market through your brokerage account. Certain early investors, employees, and company executives are often subject to a lock-up period after the company trades publicly which restricts them from selling their shares for a set time — typically 90 to 180 days. Once that lock-up period expires, those shareholders will also be able to sell their Reddit shares without restriction.

What is Reddit's stock price?

To find the current stock price for Reddit, you first need its stock ticker symbol. You can find this information by searching the company name on major financial websites or by checking the investor relations section of the company's official website. Once you have the ticker RDDT for Reddit, enter it into any brokerage account platform or reputable financial news site to see its real-time share price.

What is the valuation of Reddit?

Reddit's valuation is primarily measured by its market capitalization, which constantly changes with its stock price. This figure is calculated by multiplying the live share price by the total number of outstanding shares, reflecting its public market value. Investors also look at metrics like the enterprise value and price-to-sales ratio to assess the premium the market places on Reddit.

Is Reddit publicly traded?

Yes, Reddit is publicly traded and its stock is available for purchase by the general public. The company completed its IPO (initial public offering), SPAC, or direct listing, and its shares are now listed publicly. Investors can find and trade the shares under the stock RDDT through any standard brokerage account.

FAQ







Disclaimer: Nothing in this FAQ represents an offer to buy or sell, or a solicitation of an offer to buy or sell, any security. Hiive does not have any affiliation with the issuer(s) of any securities mentioned. Hiive does not provide investment advice and Hiive customers should obtain independent advice prior to buying or selling on Hiive.

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Securities are offered by Hiive Markets Limited, member of FINRA / SIPC and registered exempt market dealer in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia. Brokerage fees may apply. Find Hiive on BrokerCheck. Hiive does not conduct or solicit brokerage activities in any jurisdiction where it is not registered or otherwise authorized to do so.

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