Reddit announces move to go public after banner year
By Moynihan Reddit announced it has confidentially filed paperwork with the Securities and Exchange Commission to go public. “The number of shares to be offered and the price range for …
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Robinhood shares soar more than 20 percent despite a lack of news
By Moynihan Shares of the free stock-trading app popped more than 20 percent Tuesday morning despite a lack of news, befuddling traders and drawing comparisons to the wild movements of …
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Hedge funds hit hard by Reddit Rally bounced back in February
By Mcenery Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street. …
Read More Reddit, Robinhood bosses to testify at GameStop hearing
By Kennedy The bosses of Robinhood, Citadel, Melvin Capital and Reddit will testify next week at a House hearing about the wild trading involving GameStop and other stocks. Citadel’s Ken …
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Reddit traders may not have been the only ones boosting GameStop
By Manskar Reddit’s army of retail traders might not have been only force behind the unprecedented GameStop rally that turned Wall Street upside down, new data show. GameStop was “notably …
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Reddit buys TikTok rival Dubsmash in video push
By Manskar Reddit said it has acquired video-sharing platform Dubsmash, making it the latest social-media giant to mount a challenge to TikTok. Seven-year-old Dubsmash lets users create and share videos …
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Reddit taps Y Combinator’s Michael Seibel to replace Alexis Ohanian
By Manskar Reddit tapped Y Combinator boss Michael Seibel to join the company’s board Wednesday after co-founder Alexis Ohanian stepped down to make way for a black person. The shakeup …
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Reddit’s new ‘community awards’ honor people who aren’t trolls
By Sparks These days, folks need a merit badge for good behavior. Social networking and news aggregator Reddit knows this, which is why its creators recently launched “community awards,” which …
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