TikTok Stock Price and Symbol 2024: Are They Public?

what is tiktok stock symbol

Various rumors have circulated about a possible ByteDance initial public offering (IPO), which is when a company becomes publicly traded on the stock market. TikTok also faces concerns related to the privacy and safety of its users. Backlashes against potential misuse of its user data and dangerous challenges that may go viral on the platform could negatively impact its future. Addressing these concerns could be key to the company’s long-term success. TikTok, a video-sharing app, is one of Earth’s most popular media products and one of the fastest-growing social media apps. Meta is focused on improving user engagement and driving advertising revenue through its platforms.

The TikTok IPO is one that’s going to attract both casual and experienced investors. Traders worldwide will hope to buy shares in TikTok when they become available. Luckily for TikTok, the delays haven’t hurt the business or its valuation. The estimated valuation of the brand has increased from roughly $18 billion in 2021 to around $65 billion in 2023 due to the continued growth and popularity of the app. More engaged users mean that the advertising becomes more valuable and makes it a more attractive place for companies to spend bigger chunks of their advertising budget.

Sellers may be current or former employees, venture capitalists, or angel investors. There is no ByteDance or TikTok symbol and you cannot buy shares of it in your typical brokerage account. However, it does offer some employees restricted stock units, which who is a devops engineer a complete guide to the devops engineer role vest over time as long as they remain employed. SoftBank (SFTB.Y 0.04%) is a Japanese telecom and e-commerce company that also operates a holding company and its well-known $100 billion Vision Funds. Vision Funds invest primarily in private equity companies with valuations topping $1 billion, also known as unicorns.

An intriguing way to potentially make a lot of income

what is tiktok stock symbol

In spite of this popularity and as noted above – ByteDance and by extension TikTok – remain privately listed. This ultimately means there is no easy way for investors and traders to speculate on the company as well as no clear or transparent valuation for the general public. You cannot directly buy shares of Tik Tok stock as a rsi scalping forex strategy with bollinger band retail investor. However, you can invest in TikTok indirectly by buying shares in the private equity companies which own it. Knowing how to invest in stocks such as TikTok stock may not be obvious at first.

TikTok stock: how can you invest and is it worth it?

There are also two other ways you could invest in TikTok down the road. These include waiting for the initial public offering (IPO), or purchasing shares if its stock is listed on a pre-IPO marketplace like EquityZen or Linqto. The AI algorithm combs through terabytes of data to find new and trending videos that would interest the particular user.

How to invest and buy shares after the TikTok IPO

Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. TikTok’s staggering user growth rate is one of the biggest reasons it might be a good investment if it eventually goes public. After all, TikTok is the fastest-growing social media platform of 2022. Neither TikTok nor ByteDance is publicly traded right now, meaning that investing money directly in TikTok or ByteDance isn’t possible yet.

  1. Also, China’s recent crackdown on tech companies could mean further problems or obstacles.
  2. In that case, this could be an extremely exciting opportunity for investors to own a piece of the next big social media company.
  3. Meta owns four of the top social media platforms, including Facebook, Instagram, WhatsApp, and Messenger.
  4. Mind you, when and if ByteDance does potentially list, you will be able to invest in it like any other stock through IG’s share trading platform.
  5. Each listing on Hiive is made by a different seller who sets their own asking price and quantity of shares available.

Why trade ByteDance’s IPO with us?

So, let’s move on to how you can indirectly buy TikTok stocks. Some publicly traded companies have invested in ByteDance, so an indirect investment is possible. However, the report notes that this would value the company at under $200 billion — far less than recent estimates of the company’s value. That’s why it’s essential to take these evaluations with a grain of salt since they often come with disclaimers of not knowing the real value of a privately held company. While TikTok videos mostly dominated the short-form sharing space throughout the pandemic in 2020 and 2021, many competitors vied to take over some of its market share. TikTok is a privately held united states rates and bonds company owned by a Chinese company called ByteDance, so it does not have a stock.

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