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Reddit shares jump in New York stock market debut

The company priced its shares at the top of a marketed range before the start of trading on Thursday.

But the filing brings to the forefront a question that has been bubbling for years behind the scenes - how can a business can make money from what is, essentially, random conversations. Perhaps most significant of all is that Reddit's filing with the US financial markets regulator, the Securities and Exchange Commission (SEC), notes its users as a potential risk that comes with owning shares in the company. Such is their distaste for changes made in recent years, a search on the platform for chief executive Steve Huffman - username u/spez - shows that when Redditors mention him the comments are usually preceded by foul language.

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