(CNBC) The shares, which debuted at $34 on Thursday, closed at $59.80. Reddit and existing investors raised roughly $750 million combined in the offering. Reddit shares soared 48% on their first day of trading on New York Stock Exchange. A number of moderators and users, known as Redditors, earning millions of dollars as a group. Along with their friends and family members,
Reddit shares rise 30% to start week after social media company’s IPO
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