Nasdaq to list options on Reddit starting Monday-March 2024-www.financetom.com

Nasdaq to list options on Reddit starting Monday

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Nasdaq to list options on Reddit starting Monday

Mar 21, 2024 11:44 AM

NEW YORK, March 21 (Reuters) - Options contracts on

Reddit ( RDDT ) will debut on Nasdaq's exchanges on March 25, a

spokesperson for the exchange said on Thursday.

Nasdaq plans to list options on Reddit ( RDDT ) across all six of its

exchanges, subject to approval from its listing qualifications

team, the spokesperson said.

Reddit's ( RDDT ) shares opened 38% above the offer price when they

started trading on Thursday, valuing the social media platform

at $8.87 billion in a closely watched debut.

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