Reddit said its initial public offering could raise about $748 million, and that it also plans to offer shares ... going public typically reserve their IPO shares for big institutional investors ...

Feb 21 (Reuters) - Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported, opens new tab on Wednesday. It aims to reserve an ...

Reddit, along with some existing stockholders, plans to offer 22 million shares of the company’s Class A stock, meaning the IPO could raise as much as $748 million from those shares, according ...

Reddit plans to place a big chunk of its IPO shares in the hands of its users, an unusual move that could build loyalty but also comes with risk. The company plans to reserve an as-yet ...