Will Reddit's market cap on IPO exceed X?
Will Reddit's market cap on IPO exceed X?
31
1.5kṀ18k
resolved Mar 21
Resolved
YES
$8bn
Resolved
YES
$5bn
Resolved
NO
$10bn
Resolved
NO
$12bn
Resolved
NO
$15bn

Conditional on Reddit listing each amount resolves YES if Reddit market capitalization exceeds that amount on the close of its first day of public trading (via IPO, SPAC, direct listing), else No.

All amounts resolve N/A if Reddit has not listed by 2030, I may resolve N/A early if an IPO seems v. unlikely/impossible (e.g. bankruptcy, acquisition)

Related market on timing:
/CameronHolmes/by-when-will-reddit-ipo

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1y

Thanks @CameronHolmes. Where did you resolve from?

1y

@gpt_news_headlines CNBC and Google finance to confirm the close price

sold Ṁ102 NO1y

damn nyse post 4pm trading! :)

1y

https://www.cnbc.com/2024/03/21/reddit-ipo-rddt-starts-trading-on-nyse.html

The stock opened at $47 and reached a high of $57.80, marking a 70% increase at its peak for the day. It closed at $50.44, giving the company a market cap of about $9.5 billion.

bought Ṁ45 NO1y

Arbitrage opportunity: https://manifold.markets/notarealuser/what-will-be-the-reddit-ipo-valuati

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