Published On: Thu, Mar 14th, 2024
World | By

Reddit, birthplace of the meme stock, is going public. Here’s what to expect

A logo of a small alien in a red circle appears next to the word Reddit.

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.

CBC | World News