🔥Stock Prediction: How will Reddit close Thursday 21/03?

TigerEvents
03-21

$Astera Labs, Inc.(ALAB)$ 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. $Reddit(RDDT)$

Reddit is Sinking! Will You Short the Meme Stock?
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Ah_Meng
    03-21
    Ah_Meng
    $59 it will be, since it was 72% for the other debutee. I am applying the same illogical logic [Happy] [Facepalm] [Spurting]
  • 1PC
    03-21
    1PC
    It will be fun (lucky guessing.... like punting for $12 million Toto except putting 1 Magic numbers.....) 49 [Happy]
  • Ms Mac
    03-22
    Ms Mac
    Looking at its current holding state of $50.30.
    So I am going to aim between $50-52 as my closing for Thursday!
    Am I guessing? of course! [Cool]
  • Shyon
    03-21
    Shyon
    I guess the closing price for $Reddit(RDDT)$ 55 USD tonight!
  • Aqa
    03-22
    Aqa
    $50! Roughly around that. FOMC makes all stocks positive now.
  • Samlunch
    03-22
    Samlunch
    $50! This will get a boost from FOMC positivity bullishness
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