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Event Rewards:
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Human emotions usually get in the way of executing your trade strategy, and the way to work around this is to automate your buy and sell trade orders
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By Julianna
Reddit, the home of WallStreetBets, announced on Wednesday that it has confidentially submitted a draft registration statement with the SEC to go public.![]()
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The San Francisco-based company did not determine the number of shares to be offered and the price range for the proposed offering. The listing is expected to occur after the U.S. SEC completes its review process, subject to market and other conditions.
Reddit was valued at $10 billion by investors in a funding round this summer, didn't disclose what valuation it would seek in the IPO.
--- according to Bloomberg, 'Reddit is raising funding at a $10 billion value' published in this August.
At the time of that funding round, the company said that it had reached $100 million in advertising revenue during the second quarter of 2021, up 192% from a year prior.![]()
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Learn more about the company profile and details about the IPO: Reddit confidentially filed for IPO and seek $15 bln valuation
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2021 Meme Stock Frenzy![]()
Reddit saw a surge of interest this year after a forum on the site, WallStreetBets, jolted the stock market. The WSB community currently have 11.3 million members (they usually call themselves 'retards', 'degenerates', 'apes'). The trading frenzy, driven largely by post on the site, whipsawed the prices of $GameStop (GME.US)$, $AMC Entertainment (AMC.US)$, and silver. The result was a rewriting of the previously understood rules of Wall Street trading.
Want to know what WSB is disscusing today? Check out: WallStreetBets top 10 ticker sentiment 12/16: TSLA, AAPL, NVDA and more
![]()
2021 Top 3 Most Popular Post on WSB![]()
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Top 1: Times Square right now- 445k in votes, 13.2k in comments
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Top 2: We got SUPPORT- 323k in votes, 12.9k in comments
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Top 3: GME YOLO- 287kin votes, 23.5k in comments (YOLO*: "you can only live once")
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Comments from WSB degenerates about the IPO![]()
*Karma: rewards points that users could gain after thier posts or comments get upvoted.
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What do you think about Reddit's IPO? Would you invest in the company?
Source: Reddit, PR Newswires, Bloomberg
Reddit, the home of WallStreetBets, announced on Wednesday that it has confidentially submitted a draft registration statement with the SEC to go public.
The San Francisco-based company did not determine the number of shares to be offered and the price range for the proposed offering. The listing is expected to occur after the U.S. SEC completes its review process, subject to market and other conditions.
Reddit was valued at $10 billion by investors in a funding round this summer, didn't disclose what valuation it would seek in the IPO.
--- according to Bloomberg, 'Reddit is raising funding at a $10 billion value' published in this August.
At the time of that funding round, the company said that it had reached $100 million in advertising revenue during the second quarter of 2021, up 192% from a year prior.
Learn more about the company profile and details about the IPO: Reddit confidentially filed for IPO and seek $15 bln valuation
Reddit saw a surge of interest this year after a forum on the site, WallStreetBets, jolted the stock market. The WSB community currently have 11.3 million members (they usually call themselves 'retards', 'degenerates', 'apes'). The trading frenzy, driven largely by post on the site, whipsawed the prices of $GameStop (GME.US)$, $AMC Entertainment (AMC.US)$, and silver. The result was a rewriting of the previously understood rules of Wall Street trading.
Want to know what WSB is disscusing today? Check out: WallStreetBets top 10 ticker sentiment 12/16: TSLA, AAPL, NVDA and more
*Karma: rewards points that users could gain after thier posts or comments get upvoted.
Source: Reddit, PR Newswires, Bloomberg
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