Will Wall Street bet on Reddit?
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Image credit: Pavlo Gonchar / SOPA Images / LightRocket via Getty Images. Article by Neal Freyman. Morning Brew – February 25, 2024.
The company that helped create meme stocks is becoming a stock. Reddit filed to go public last week in an IPO that will resemble the platform itself — unusual, chaotic, and reliant on its opinionated users. Planned for next month, Reddit’s public listing will be the first social media IPO since Pinterest in 2019 and the first major tech IPO of the year. […]
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