U.S. social networking service Reddit soared 48 percent in its initial public offering (IPO) on Wednesday (Nov. 21), as investors were overwhelmed by the company's success. Reddit raised $519 million in its IPO, which is expected to be one of the largest tech stock offerings of the year, and closed its first trading session at $50.44, up 48.4 percent from its IPO price. Reddit opened at $47, 38%..
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