After Reddit, Who Will IPO Next?
From Morningstar:
Reddit is set to debut on the New York Stock Exchange next week, testing the IPO market after a series of recent failed listings. With a target valuation of $6.4 billion, the company plans to generate revenue by licensing user data for AI models. Redditors will benefit from reserved shares. Klarna, Northvolt, Getir, and Stripe are potential IPO candidates with strong growth prospects and unique market positions. Klarna, a BNPL leader, has seen consistent revenue growth while Northvolt specializes in low-carbon battery production. Getir offers ultra-fast grocery delivery, and Stripe has a revenue of $3.2 billion.
Read more at Morningstar: After Reddit, Who Will IPO Next?