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Astera Labs Inc

Jim Cramer says newly public Astera Labs is already too expensive

by Adrian Jhonsan
Jim Cramer says newly public Astera Labs is already too expensive

CNBC’s Jim Cramer gave investors his take on the valuation of Astera Labs, a company that went public last week and sells data center connectivity chips to cloud and artificial …

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Categories World

Reddit shares close 30% up following social media company’s IPO

by Ev Richard
Reddit shares close 30% up following social media company’s IPO

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024.  Timothy A. Clary | AFP …

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Categories Technology

Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

by Ev Richard
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO …

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Categories Technology

(RDDT) starts trading on NYSE

by Ev Richard
(RDDT) starts trading on NYSE

Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …

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Categories Technology

Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

by Ev Richard
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen.  Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy …

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Categories Technology

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

by Ev Richard
Reddit prices IPO at  per share, valuing company at .5 billion

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 …

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Categories Technology
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