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Was Reddit’s IPO Really Necessary?

Posted on the 05 April 2024 by Naijaparry

Following the successful launch of Reddit’s IPO on the NYSE, investors began pondering if the company’s shares were overvalued. Despite rosy forecasts and expectations, some experts believe that Reddit stock prices are inflated and may soon face a downturn. On IPO day, Reddit shares surged, but the rally didn’t last long. By April 2, Reddit …


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