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TechCrunch Daily Crunch

Reddit prices IPO at $34 per share

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 21 March 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

India will fact-check online posts about government matters; NBCUniversal’s Peacock will let you watch 4 livestreams at once for 2024 Paris Olympics Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This is

0:05.0

brought to you by Shep Station.

0:07.0

This episode is brought to you by Shep Station.

0:10.0

You know folks, I'm all about working smarter, not harder.

0:13.0

Running a successful e-commerce business can be really convoluted and honestly you have enough going on so I want to introduce you guys to ship station.

0:21.6

I love using ship station because it makes it so

0:25.5

much easier to automate all my shipping tasks and I can manage all my orders in one

0:29.5

simple dashboard. Work less and ship more with Ship Station, the innovative tool that helps turn your

0:35.7

shipping challenges into opportunities for growth. Go to shipstation.com and use code

0:41.0

tech news to sign up for your free 60 day trial that's ship

0:44.9

station dot com code tech news. Reddit prices its IPO at $34 per share.

0:51.6

I'm on shake and I wonder if there's a

0:54.3

subreddit for the Reddit IPO. Anyway, it's time for your daily crunch for

0:58.8

Thursday starting with three big headlines. A Sterilabs also started its life as a public company trading, but at $52.56 per share

1:09.2

of 46% when the bell rang.

1:12.0

The company priced its IPO Tuesday night at $36 per share above its raised price range.

1:18.0

Astera's debut marks the first material technology offering this year that Tech Crunch is tracking.

1:23.0

Reddit, the well-known social forum and AI data provider, is expected to price after the close of trading today

1:29.2

and begin its own public saga tomorrow.

1:32.0

S.R. Labs makes connectivity hardware for cloud computing data centers.

1:36.0

Because AI requires massive amounts of data moving into out of and around data centers,

1:41.5

Estera has seen recent revenues bloom.

...

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