Reddit: Return Of The Junk Stock IPO
London, UK - July 31, 2018: The buttons of the app Reddit, surrounded by Pinterest, Whatsapp, and ... [+] other apps on the screen of an iPhone.getty
Reddit, (RDDT), should start trading as a newly public company sometime in March. At the reported valuation of $5 billion or higher, Reddit earns an Unattractive Stock Rating.
While Reddit’s expected $5 billion valuation is half of its $10 billion private market valuation seen in 2021 when interest rates were zero and money was cheap, it remains mu...
Read more at forbes.com