Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis (Bloomberg)

Bloomberg:
Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis  —  The San Francisco-based company's stock began trading on Thursday at $47 each, above the offering price of $34 per share.