Barstool CEO on why Robinhood story goes 'beyond business'
Video Credit: Bleacher Report AOL - Duration: 02:52s - Published
Barstool CEO on why Robinhood story goes 'beyond business'
Founder and president of Barstool Sports Dave Portnoy tells CNN’s Chris Cuomo that “things just don’t add up” after the stock-trading app Robinhood barred traders from buying shares of GameStop.
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Caitlin Clark's Nike deal is being celebrated as historic by many fans, but the contract should've been worth so much more, according to Dave Portnoy ... who.. TMZ.com
Reddit Prices Shares , at $34 in IPO.
Reddit will go public on March 21 and has priced
its IPO at $34 a share, Yahoo Finance reports.
That is about a $6.4 billion valuation.
A social media company hasn't gone
public since Pinterest in 2019.
Reddit gained increased recognition
amid the meme stock craze of 2021.
Reddit had 500 million site visitors in 2023.
Its revenue increased 20%
from 2022 to $804 million.
According to an S-1 filing, Reddit said that its "content is particularly important" for the world of artificial intelligence.
We are exploring business
opportunities in licensing data
for purposes including machine
learning, business analysis, display
and training generative AI models, Reddit, via S-1 filing.
1.76 million shares have been set aside for eligible Reddit users and moderators. .
Headline venture partner Kamran Ansar
said the decision lends itself to volatility. .
You may see a big run up in
the stock price and a drop, Headline venture partner Kamran Ansar, via statement.
Because this has such a rabid
community around it, the Reddit
users, you could see Reddit itself
ironically become a meme stock
the way that you saw happen
with like AMC and GameStop, Headline venture partner Kamran Ansar, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
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