From Yahoo Finance.:

Reddit, a popular social media platform, is set to go public with an Initial Public Offering aimed at a valuation of up to $6.4 billion. The company will offer 22 million shares at a range of $31 to $34 per share, hitting the market on Thursday. Concerns from users have arisen about how the company’s control and operations may change once it goes public. Users worry that the platform may prioritize profit over user experience. Tech IPOs have a mixed track record, with companies like Uber, Etsy, and Robinhood experiencing fluctuations in stock prices post-IPO.



Read more at Yahoo Finance.: Reddit stock is about to go hit the market, the platform’s users are not thrilled