Reddit sets IPO price range, valuation could hit $5.4 billion

Reddit, the popular social media platform, has disclosed its IPO plans through an S-1 filing, indicating an initial stock price range of $31 to $34 per share. This places the potential valuation between $4.93 billion and $5.4 billion, with speculation of a valuation surpassing $6 billion when considering employee options. Despite its unprofitable status and … Continue reading Reddit sets IPO price range, valuation could hit $5.4 billion