Reddit Filed For 22M Share IPO To Be Listed On The NYSE Under The Symbol RDDT
Portfolio Pulse from Charles Gross
Reddit has filed for an IPO of 22 million shares, aiming to be listed on the NYSE under the symbol RDDT.
March 11, 2024 | 10:14 am
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Reddit's IPO of 22 million shares aims for NYSE listing under the symbol RDDT.
The announcement of Reddit's IPO is a significant event, indicating the company's growth and potential for future expansion. This move is likely to attract considerable attention from investors, potentially driving up the demand for RDDT shares in the short term. The choice of NYSE for listing underscores the company's ambition and the importance of this IPO.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100