valuing

Reddit prices IPO at $34 per share, valuing company at $6.5 billion

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In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according … Read more

Arm costs IPO at $51 a share, valuing firm at over $54 billion

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The Arm U.S. headquarters in San Jose, California, Sept. 6, 2023. David Paul Morris | Bloomberg | Getty Pictures Arm, the chip design agency that provides core expertise to corporations together with Apple and Nvidia, priced its preliminary public providing at $51 a share. Arm’s totally diluted market cap, which incorporates excellent restricted inventory items, … Read more