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Stockreport

OpenAI's Sam Altman, Condé Nast-parent's Steven Newhouse make hay from Reddit IPO [Seeking Alpha]

Charter Communications, Inc. - Class A (CHTR)  More Company Research Source: Seeking Alpha
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
for two major investors in the social media platform - OpenAI top boss Sam Altman and Condé Nast-parent's co-president Steven Newhouse. Class A shares of Reddit ( RDDT surged 48.4% in their debut on the New York Stock Exchange on Thursday, closing at $50.44 versus the IPO price of $34/share. They were last down 5.1% in Friday afternoon trade, having earlier fallen below their IPO opening price of $47/share. Following Thursday's advance in RDDT, Altman's stake in Reddit ( RDDT ) increased by ~$200M to $613.3M. Meanwhile, Newhouse's stake ballooned by nearly $700M to $2.13B. According to Reddit's ( RDDT prospectus , Newhouse through Condé Nast-parent Advance Magazine Publishers is one of the company's biggest shareholders, holding a 26.5% stake following the IPO. Advance publishes some of the most well known magazines in the world under Condé Nast, including GQ Vogue and Vanity Fair . Moreover, Advance holds major stakes in Charter Communications ( CHTR ) and Warner Bros. Discov [Read more]
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Stockreport

OpenAI's Sam Altman, Condé Nast-parent's Steven Newhouse make hay from Reddit IPO [Seeking Alpha]

Charter Communications, Inc. - Class A  (CHTR) 
More Company Research Source: Seeking Alpha
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
for two major investors in the social media platform - OpenAI top boss Sam Altman and Condé Nast-parent's co-president Steven Newhouse. Class A shares of Reddit ( RDDT surged 48.4% in their debut on the New York Stock Exchange on Thursday, closing at $50.44 versus the IPO price of $34/share. They were last down 5.1% in Friday afternoon trade, having earlier fallen below their IPO opening price of $47/share. Following Thursday's advance in RDDT, Altman's stake in Reddit ( RDDT ) increased by ~$200M to $613.3M. Meanwhile, Newhouse's stake ballooned by nearly $700M to $2.13B. According to Reddit's ( RDDT prospectus , Newhouse through Condé Nast-parent Advance Magazine Publishers is one of the company's biggest shareholders, holding a 26.5% stake following the IPO. Advance publishes some of the most well known magazines in the world under Condé Nast, including GQ Vogue and Vanity Fair . Moreover, Advance holds major stakes in Charter Communications ( CHTR ) and Warner Bros. Discov [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CHTR
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS