Tag: postIPO

Reddit Shares Soar On First Post-IPO Q1 Results, Strong Q2 Guidance

Reddit Shares Soar On First Post-IPO Q1 Results, Strong Q2 Guidance Reddit, Inc. (NYSE:RDDT) reported its first-quarter financial results after the bell Tuesday. Here’s a look at the highlights.  The Details: Reddit reported quarterly losses of $8.19 per share which missed the analyst consensus estimate of losses $6.97 by 17.5%. Quarterly sales clocked in at […]

Trump Media stock rebounds 47% after brutal post-IPO sell-off

Former President Donald Trump could reap billions if Truth Social’s parent company’s long-delayed merger finally goes through.Chip Somodevilla; Jakub Porzycki/NurPhoto via Getty Images Trump Media and Technology Group extended its two-day stock rebound to as much as 47% on Thursday. The rebound comes after a brutal post-IPO sell-off that dragged shares down more than 60%. […]