If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. An IPO will put the spotlight on the prospects for Reddit’s advertising business, which has fallen short of ambitious growth targetsoutlined by executives two years ago. ...
Reddit is going to be a prime short opportunity on IPO.
No way I’d take that risk. The last thing I need is to give the investors money, rewarding their awful decisions.
Biggest short squeeze since gamestop
Their IPO will be below valuation. I’m gonna guess 10% below.