Reddit has selected the New York Stock Exchange (NYSE) for its long-awaited initial public offering (IPO), as reported by various sources including the Wall Street Journal and Financial Times. The IPO is expected to take place later this year or as soon as next month. Reddit, a community-driven company, has yet to report an annual profit in its 19 years of existence, and its IPO is anticipated to target a low float and low valuation.
Yikes "In 19 years it has yet to report an annual profit" Reddit IPO targets low float and low valuation https://t.co/7D4ChXaWDn
I'm v curious to see how Reddit's IPO is received in March. We haven't seen a community-driven company at this scale go public in many years.
I am going to laugh my ass off if the Reddit IPO flops. I don't just mean the stock goes down. I mean they can't even find an anchor investor and the whole roadshow shits the bed and they can't price. Would be the perfect fitting end to the era of Big Tech degeneracy
Redditors Lay Down 3 Interesting Routes Reddit IPO Might Take ā Pump, Dump Or Scrutinized https://t.co/JQEDNx80kt
over/under on mentions of "AI" in the S-1: 257 Reddit chooses New York Stock Exchange for long-stalled IPO https://t.co/zSjR5lAQsT
Sources: Reddit has picked the New York Stock Exchange for its long-delayed IPO that could take place as soon as next month (Financial Times) https://t.co/jX9dyFJS06 š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/MU0MPq3iv6
Reddit chooses New York Stock Exchange for long-stalled IPO https://t.co/fUCfN1EFWH
Reddit has picked the New York Stock Exchange for its initial public offering, slated for later this year, according to the Wall Street Journal https://t.co/Ea8dzkU20u
* REDDIT PICKS NYSE FOR HOT IPO: WSJ @JohnSpall247
REDDIT PLANS TO PICK NYSE FOR IPO: WSJ
*REDDIT PLANS TO PICK NYSE FOR IPO: WSJ