TL;DR CNBC

Reddit will let users buy its IPO, but warns that they could make the stock riskier

Publishing timestamp: 2024-02-22 16:33:53

Summary

Reddit's IPO will allow some of its most active users to buy stock, potentially increasing volatility. Users with high "karma" will be invited to participate in the offering.

Sentiment: MIXED

Tickers: AMC,  GME, 

Keywords: markets,  business news,  amc entertainment holdings inc,  breaking news: technology,  ipo,  gamestop corp,  breaking news: markets,  technology, 

Source: https://www.cnbc.com/2024/02/22/reddit-will-let-users-buy-its-ipo-but-warns-that-they-could-make-the-stock-riskier.html