Reddit, Shareholders Guide IPO Price at Top of Range or Above

📆 3/20/2024 2:46 PM
📰 BNNBloomberg

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Reddit Inc. and its selling shareholders are guiding that they could price the social media company’s initial public offering at the top of its marketed range or above, according to people familiar with the matter.

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Reddit’s IPO as much as five times oversubscribed, sources saySocial media company is likely to attain the $6.5-billion valuation it seeks
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