> STOCKSHOTS: Reddit application and website / 34LW64Y
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STOCKSHOTS: Reddit application and website / 34LW64Y
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Description
Stockshots of the Reddit app and website as the now publicly traded company opened at $47 on the New York Stock Exchange before vaulting even higher in a buoyant market debut. Near 1720 GMT, Reddit shares stood at $56.60, up around 67 percent from their initial public offering price of $34. The social media company has expressed confidence in increasing advertising revenues, monetizing data from its users and greater international usage. STOCKSHOTS