Why Redditors Hate Reddit’s IPO

Two years ago, Reddit users established themselves as a fearsome economic force when the subreddit community WallStreetBets mobilized to save GameStop’s stock price from pessimistic Wall Street traders. Now, Reddit itself is hoping to tap into its users’ unruly energy by allowing them to participate in the company’s IPO. Reddit filed to go public last Thursday, seeking a valuation of at l…

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