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Reddit targets valuation of close to $6.5 billion in upcoming IPO

From CNBC Reddit and selling shareholders aim to raise about $750 million as part of the company’s upcoming IPO, according to a corporate filing on Monday. The company and some existing stakeholders plan to sell about 22 million shares in the range of $31 to $34 per share. Investors are closely watching Reddit’s IPO, which[…]

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