Reddit's IPO valuation of $5 billion or higher is considered too high and reminiscent of unprofitable IPOs seen in 2021.
Reddit has filed for its IPO, aiming to become a publicly listed entity on the New York Stock Exchange.
Dan Gallagher, Wall Street Journal, joins 'Fast Money' to talk Reddit looking for investors pre-IPO.

Reddit Seeks $6.5B Valuation in IPO

05:55pm, Thursday, 07'th Mar 2024
Reddit is seeking a $6.5B valuation in IPO. Seema Shah discusses the report that Reddit is to launch a pre-IPO roadshow next week.

Reddit: Return Of The Junk Stock IPO

03:30pm, Wednesday, 06'th Mar 2024
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.

Reddit stock could be WallStreetBets next target

07:19am, Wednesday, 06'th Mar 2024
The long-awaited Reddit IPO could finally be upon us, with the company looking at a valuation as high as $6.5 billion, which would put its share in a target range between $31 and $34 under a ticker RD
For the past two weeks, investors have been waiting for what promises to be the year's biggest initial public offering (IPO). On Feb. 22, 2024, the popular social media forum Reddit filed a prospectus
Offbeat social media institution Reddit will launch as an initial public offering (IPO) on the New York Stock Exchange (NYSE) soon, likely within the next month. It will be traded under the ticker RDD
U.S. IPO Weekly Recap: Microcap Makes Volatile Debut To Close Out February
Reddit is seeking a valuation of up to $6.5 billion for its upcoming IPO.
Social media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, the Wall Street Journal reported on Friday.
The social-media company was valued much higher a few years ago.
Reddit's fate on the public markets may depend on whether it can hang with the tech giants that dominate digital advertising.
Reddit filed for an IPO, revealing nearly 10% of its shares are owned by entities related to Sam Altman. Many news outlets assumed Altman owned all $435 million in stock, but the fine print tells anot
If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO above that.
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