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How much is fidelity's Reddit investment worth?

Fidelity's current worth of its Reddit investment is $36.90 per share. This represents a 40% decrease from its valuation of $61.80 per share in December.

Will Reddit monetization hurt fidelity's share price?

Reddit's turn to monetization will surely make the site worse, but will just as surely increase revenue (at least for some time), which really is the bottom line for the share price. Reddit then cuts Fidelitys valuation by 40 percent. Remember when Slashdot was the hot spot?

What is the market cap of Reddit?

The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. On Jun 14th, 2024 the market cap of Reddit was reported to be: As of June 2024 Reddit has a market cap of $9.96 Billion.

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