Reddit is all set to go for a stock debut, according to reports by Reuters. However, the much-delayed initial public offering (IPO) for the social media platform has created all sorts of speculations around its date, valuation, stock price, and everything else. Here is all you need to know about Reddit’s upcoming IPO.
When will Reddit go public?
Reddit intends to launch its IPO as soon as March. According to Reuters, the social media giant reportedly plans to file publicly in late February. The company had previously registered secretly for its IPO in December 2021.
Additionally, according to the same reports, Reddit plans to complete its IPO by the end of March, having begun listing early in the month.
Why is Reddit’s IPO important?
Reddit’s IPO, if cleared will be the first for a social media company in four years. The last time a social media platform went public was when Pinterest filed for its IPO in 2019.
The stock listing will also come at a time when the biggest social me
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