At the end of its IPO day, will Reddit's market cap be above $15 billion?
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Ṁ415
resolved Apr 13
Resolved
NO

Resolution source will be Google Finance (https://www.google.com/search?q=reddit+stock)

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Creator hasn't responded, modresolving NO as per below

Resolves NO @Dwaxe

Reddit closed at $50.44 on IPO day, March 21st: https://www.google.com/finance/quote/RDDT:NYSE?window=1M

It's now at ~$46 with a market cap reported by google finance as $7.49B. So I'm not sure whether they base that market cap figure on current price, most recent close, or what, but the price would need to be double what it is now for the market cap to be $15B, which it hasn't been at any time since IPO.

@Dwaxe Maybe reopen, because it’s still postponed

@yaboi69 Thanks for the ping! I didn't notice Manifold had added that feature

@Dwaxe Might be getting to be time to extend the close date again?

@EvanDaniel Done. I wonder if they'll ever IPO at this rate.

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