Published: Mar 22, 2024, 04:55 IST | Updated: Mar 22, 2024, 04:55 IST
Social media company Reddit had a bumper debut on the New York Stock Exchange. Its stocks rose by 48% on the first day of trading, banking on the rally in the tech sector. But what's in store for the company in the future? And what does the bumper debut tell us about U.S. IPOs.