{"id":87777,"date":"2024-03-29T00:16:28","date_gmt":"2024-03-29T04:16:28","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87777"},"modified":"2024-03-29T00:51:20","modified_gmt":"2024-03-29T04:51:20","slug":"reddit-shares-plunge-almost-25-in-two-days-finish-the-week-below-first-day-close","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2024\/reddit-shares-plunge-almost-25-in-two-days-finish-the-week-below-first-day-close.html","title":{"rendered":"Reddit shares plunge almost 25% in two days, finish the week below first day close"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/RDDT\/\">Reddit<\/a> shares are plummeting after experiencing a rally stemming from the social media company\u2019s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit\u2019s <a href=\"https:\/\/www.cnbc.com\/2024\/03\/21\/reddit-ipo-rddt-starts-trading-on-nyse.html\">first day<\/a> of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/03\/28\/reddit-shares-on-a-two-day-tumble-after-post-ipo-high.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Reddit shares are plummeting after experiencing a rally stemming from the social media company\u2019s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit\u2019s first day of trading on the New York Stock [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87777","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87777"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87777\/revisions"}],"predecessor-version":[{"id":87778,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87777\/revisions\/87778"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}