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

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WNews 1 Min Read

When Reddit goes public later this month, it will be the first major tech company — let alone social media platform — to do so in years.

The popular discussion forum site is aiming for a target valuation of up to $6.4 billion US when it launches its initial public offering (IPO) on the New York Stock Exchange, giving the public an opportunity to invest in the company’s stock for the first time.

Pinterest was the most recent of the early-generation social media companies to go public back in 2019.

Reddit is currently owned by a handful of executives, including: CEO Steve Huffman and COO Jennifer Wong; several companies, such as the media

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