Reddit Said to Plan Hiring of Advisers for US IPO

Gadgets 360

Reddit, the operator of online message boards that became the go-to destination for day traders chasing this year’s frenzy for so-called meme stocks, is seeking to hire investment bankers and lawyers for an initial public offering (IPO) in New York, two people familiar with the matter said on Thursday.

Reddit was valued at $10 billion (roughly…

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