Monday, February 8, 2021

Reddit has raised more than $250M Series E led by Vy Capital at a $6B valuation, doubling in value since its last funding round in February 2019 (Sarah E. Needleman/Wall Street Journal)

Sarah E. Needleman / Wall Street Journal:
Reddit has raised more than $250M Series E led by Vy Capital at a $6B valuation, doubling in value since its last funding round in February 2019  —  Its WallStreetBets community played a prominent role in recent stock-trading frenzy  —  Reddit Inc. doubled its valuation to $6 billion …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...