Reddit to raise nearly $750 million in upcoming IPO
In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California. Mario Tama | Getty ImagesReddit aims to raise up to $748 million as part of its upcoming IPO, in which the social media company is seeking a valuation of about to $6.5 billion.The company plans to sell about 22 million shares between the range of $31 to $34 per share, according to a corporate filing released on Monday.Reddit has also set aside roughly 1.7...
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