From Nasdaq.:

Reddit, a popular social media platform, boasts 73.1 million daily active users but faces fierce competition from Meta Platforms and TikTok. Investor Sam Altman has a 9% stake in Reddit. Investing in Reddit’s upcoming IPO may carry risks, as the company operates at substantial losses with limited monetization opportunities. It may be best avoided for now.



Read more at Nasdaq.: OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?