Will Reddit's share price go below its IPO level ($34) or above double its IPO level ($68) first?
27
620Ṁ2562
resolved Mar 26
100%94%
Above $68
6%
Below $34

The long awaited Reddit IPO took place this week.

The IPO was completed at a price of $34, but by the start of the first day of trading the price was significantly higher. On the first day, shares traded between $45.05 and $57.80.

What will happen next? Will the shares fall below the initial IPO price of $34 or will they rise to double the IPO price and reach $68?

The source for this market will be Google's price page here:

https://www.google.com/finance/quote/RDDT:NYSE

If that shows a low below $34.00 or a high above $68.00 on any day, the market will resolve on that basis.

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