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They're Reddit Die-Hards. Do They Want to Be Shareholders, Too?

Authors :
Miao, Hannah
Needleman, Sarah E.
Source :
Wall Street Journal - Online Edition. 3/19/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Reddit, the social-media platform, is offering its users the opportunity to own shares in its upcoming initial public offering (IPO). This is a unique opportunity for individual investors, as IPO shares are typically reserved for big investors. However, investing in an IPO can be risky, and Reddit has listed small investors as a risk factor in its IPO filing. Some Reddit users are excited about the chance to own a piece of the platform, while others have concerns about potential losses and the volatile nature of individual investors. The IPO market has been spotty in recent years, but 2024 could see a comeback for IPOs. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
176099493