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Reddit, Inc. (RDDT)
After hours:
| Previous close | 47.70 |
| Open | 48.44 |
| Bid | 46.80 x 1200 |
| Ask | 46.92 x 1100 |
| Day's range | 46.24 - 48.70 |
| 52-week range | 37.35 - 74.90 |
| Volume | |
| Avg. volume | 6,447,655 |
| Market cap | 7.569B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 49.00 |
ReutersReddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Those shares were equivalent to 61.5% of the share class, based on a calculation that includes factors such as the right to acquire more shares by exercising stock options and the conversion of Class B shares into Class A shares, according to the filing. Reddit, whose initial public offering in March valued the company at $6.4 billion, will report quarterly results for the first time on Tuesday.
Benzinga'How Much Does Your Money Make Per Hour?' This Man Calculates And Shares Retirement Account's 'Hourly Wage' Based On 40-Hour Work Week
In a post on Reddit's r/Fire subreddit titled "How much does your money make per hour?" users explored innovative personal finance strategies, focusing on the earnings of their investments over time. The discussion began with a 31-year-old high school teacher who runs an online teaching business. He treats his investments as if they were an employee working a 40-hour week. By applying a 7% return rate to his $250,000 in retirement savings, he found that his money effectively earns about $8.50 pe
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