Workflow
Discover the 3 Best Performing Stocks That Went Public in 2024
ASAmer Sports(AS) MarketBeat·2024-11-25 14:30

Group 1: Reddit - Reddit has provided a total return of over 300% since its IPO on March 20, with current shares priced at 149.05[2]−Theplatformhasover100,000discussionboards,knownassubreddits,andgeneratesrevenueprimarilythroughadvertisements[2][3]−Reddithasbecomeapopularsourceforinformalinformation,attractingover250millionuniqueusersweekly,makingitappealingforadvertisers[3]Group2:AmerSports−AmerSportshasreturnedanimpressive500149.05 [2] - The platform has over 100,000 discussion boards, known as subreddits, and generates revenue primarily through advertisements [2][3] - Reddit has become a popular source for informal information, attracting over 250 million unique users weekly, making it appealing for advertisers [3] Group 2: Amer Sports - Amer Sports has returned an impressive 500% since going public on March 7, with shares currently priced at 24.74 [5] - The company operates in three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports, and owns brands like Arc'teryx and Wilson [5] - Revenue growth has been strong, with Q1 revenue increasing by 48% year-over-year and Q3 reaching 68%, while the technical apparel segment has seen over 30% growth each quarter [4][6] Group 3: Nano Nuclear Energy - Nano Nuclear Energy has risen 740% since its IPO in May, with shares currently priced at 29.75[8]−Thecompanyisfocusedoncommercializingsmallmodularreactors(SMRs),whichareseenasapotentialsolutionforprovidingreliableandcleanelectricity[8]−Despitethesignificantstockpriceincrease,Nanocurrentlyhas29.75 [8] - The company is focused on commercializing small modular reactors (SMRs), which are seen as a potential solution for providing reliable and clean electricity [8] - Despite the significant stock price increase, Nano currently has 0 in revenue as it is still in the early stages of reactor development and has not yet proven the economic viability of SMRs [9][10]