HomeMarketsIPO & SPACReddit Seeks $6.5B Valuation in IPO

Reddit Seeks $6.5B Valuation in IPO

Reddit is seeking a $6.5B valuation in IPO. Seema Shah discusses the report that Reddit is to launch a pre-IPO roadshow next week. She notes that the company has the lowest levels of worldwide use engagement and stickiness. Reddit plans to trade on the New York Stock Exchange under the ticker ‘RDDT.’ Tune in to find out more about the stock market today.

The Watch List

07 Mar 2024

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