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Reddit officially filed to go public: but…

  • February 23, 2024
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One of the largest forum sites in the world reddit, will remain public for years. The company continued to explain this firsthand, but when it came to the

Reddit officially filed to go public: but…

One of the largest forum sites in the world reddit, will remain public for years. The company continued to explain this firsthand, but when it came to the interview process, no steps have been taken. At least, that was the case until now. However, Reddit is currently planning to go public. officially applied. So Reddit is finally opening up to the stock market.

Although Reddit has made the necessary filing to go public, it is unclear when the process will be completed. unknown for now. However, Reddit’s IPO situation caused some controversy in the financial industry. to discomfort LED. Some segments are very big on Reddit stocks Volatility is something to be seen they think. Why then does such a belief exist?

The Gamestop incident will not be forgotten!

Reddit goes public

A few years ago, a group of Reddit users pulled off one of the biggest stock market manipulations in history. Game stop This manipulation attempt, carried out on the stock of a company known as , led to an approximately 100 percent increase in the stock in just 24-hour periods. last for days It is also said that a similar process could take place during Reddit’s public offering process. So Reddit users, with good organization, Reddit shares “to fly“they can offer.

If you want to know the details of the Gamestop incident:

That’s all we can say about Reddit’s IPO plans for now. According to some industry sources, Reddit will be completed next month, will be offered to the public. So if you have a plan to buy stocks, you can start preparing now. But don’t forget that Reddit’s stock can be manipulated. The result of any manipulation will be an increase there is no condition. Users can also do things that can get the platform into serious trouble. Therefore, manage the risks well.

Remark: This content should not be considered investment advice.

Source: Web Tekno

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