When is the redit ipo
3/11/2024 06:24pm
The Reddit IPO is scheduled to take place on March 21, 2024. The company has been preparing for the IPO and has already set the price range for its shares at $31 to $34 per share. This would give Reddit a valuation of approximately $6.5 billion, making it one of the biggest IPOs in U.S. history. Interested investors will need to have a brokerage account to purchase Reddit stock when it becomes available. The company has been growing rapidly, with over 73 million daily active unique users and 267 million weekly active unique users in Q4 2023. Overall, the Reddit IPO is highly anticipated and is expected to be one of the most closely watched IPOs of the year.