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FILE – The Reddit app icon is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. Reddit is due to begin trading on the New York Stock Exchange on Tuesday, March 21, 2024. (AP Photo/Matt Slocum, File)
NEW YORK (AP) — Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory — the stock market.
The company priced its IPO at $34 a share Wednesday and shares will begin trading Thursday on the New York Stock Exchange under the ticker symbol “RDDT.” The market debut is likely to spur a flurry of commentary on Reddit’s own platform, as well as competing social media outlets.
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