Investors suggest Reddit aim for $5B IPO valuation: report
Reddit is planning a potential IPO that could occur as early as March and advisors have suggested the company target an IPO valuation of about $5 billion, per a report from Bloomberg.
Stay updated with breaking news from Forge Global Holding. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reddit is planning a potential IPO that could occur as early as March and advisors have suggested the company target an IPO valuation of about $5 billion, per a report from Bloomberg.
Key Insights Given the large stake in the stock by institutions, Forge Global Holdings' stock price might be vulnerable...
Business News: Reddit is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at leas
Forge Global Holdings, Inc.'s ( NYSE:FRGE ) price-to-sales (or "P/S") ratio of 6x may look like a poor investment...