Reddit has officially filed paperwork for an Initial Public Offering (IPO) on the New York Stock Exchange (NYSE), where we'll see the RDDT as the ticker symbol, and longtime users of Reddit will be able to buy RDDT shares. With this in mind, we are excited to invite the users and moderators who have contributed to Reddit to buy shares in our IPO, alongside our investors". Reddit's filing said: "Our users have a deep sense of ownership over the communities they create on Reddit. We want this sense of ownership to be reflected in real ownership - for our users to be our owners. With this in mind, we are excited to invite the users and moderators who have contributed to Reddit to buy shares in our IPO, alongside our investors".

Source: New York Times February 23, 2024 05:09 UTC