$Astera Labs, Inc.(ALAB)$ went public yesterday, and saw its shares soar 72%. Can you predict where Reddit will move on Thursday 21 March? If you get correct answers, you will have the chance to get Tiger coins and gifts. $Reddit(RDDT)$
Reddit is an American social news aggregation, content rating, and forum social network. Users can upload and share content on the site.According to the prospectus, Reddit currently has 267.5 million active users per week and about 73 million users per day, making it one of the largest social networking sites after Facebook and YouTube.
Revenue increased 20% last year to $804 million from $666.7 million in 2022. Its net loss in 2023 was $90.8 million, marking an improvement from the $158.6 million net loss it recorded the previous year.
Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion. Can you predict where Reddit will move on Thursday 21 March?
How to participate?
leave a message in the comments section of this post,
Predict the closing price of $Reddit(RDDT)$on Thursday 21 March 2024.
Please round your answer to a whole number. For example, round $155.81 to $156.
🎁Reward
All Tigers who posts the correct answers in this post will receive 50 Tiger Coins.💰💰💰
The first Tiger who posts the correct answers will be rewarded Tiger gifts 🎁🎁🎁.
⏰Event Time
The deadline for this event is 23:00 on 21 March 2024. $Reddit(RDDT)$
Comments
So I am going to aim between $50-52 as my closing for Thursday!
Am I guessing? of course! [Cool]