Reddit's public Wall Street bet

2024-12-26 01:21:09 source:lotradecoin platform updates and news category:Invest

Any day now, social media platform Reddit is expected to launch an initial public offering (IPO), earmarking shares for its most dedicated users. On today's show, our friends at WBUR podcast Endless Thread help us unpack why Reddit is making this move, and what it might mean for Reddit's stock.

Related episodes:
r/boxes, r/Reddit, r/AIregs (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Invest

Recommend

US inflation likely edged up last month, though not enough to deter another Fed rate cut

WASHINGTON (AP) — Annual inflation in the United States may have ticked up last month in a sign that

New York City Mayor Eric Adams vows to fight charges in criminal indictment

(This story was updated to add new information.)New York City Mayor Eric Adams is facing a federal i

4 youths given 'magic mushrooms' by suspected drug dealer, 2 of them overdosed: Police

A suspected drug dealer in Colorado was arrested for allegedly giving a group of teenagers and pre-t