Reddit, birthplace of the meme stock, is going public. Here's what to expect
When Reddit goes public later this month, it will be the first major social media platform to do so in years. The company is aiming for a target valuation of up to $6.4 billion US when it launches its IPO (initial public offering) on the New York Stock Exchange, giving the public an opportunity to invest in the company's stock for the first time.
When Reddit goes public later this month, it will be the first major social media platform to do so in years. The company is aiming for a target valuation of up to $6.4 billion US when it launches its IPO (initial public offering) on the New York Stock Exchange, giving the public an opportunity to invest in the company's stock for the first time.
