Reddit plans to sell stock to loyal users in its IPO
Social media company Reddit plans to reserve a portion of its IPO shares for its 75,000 most active users when it goes public next month, which is an unusual attempt in the stock market. According to insiders, the company plans to reserve a certain amount of stocks for these so-called "redditors", but the specific number has not yet been determined.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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