Tag: Reddit Inc

Reddit experiences significant growth after unveiling partnership with OpenAI for AI training models

The trading floor of the New York Stock Exchange is abuzz with excitement as Reddit shares surged 11% in extended trading on Thursday. This surge came after the social media company announced a groundbreaking partnership with OpenAI. This partnership will allow OpenAI, the maker of the ChatGPT AI, to train its artificial intelligence models using […]

Reddit’s shares near record high following two-day meme stock rally

Reddit shares surged on Tuesday, extending gains for a second consecutive day as retail traders initiated a buying frenzy of meme stocks. The stock closed at $62.34, marking Reddit’s second-highest closing price since its IPO in March. The rally began on Monday when Keith Gill, also known as “Roaring Kitty,” resurfaced online, sparking a surge […]

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