Reddit plans to place a big chunk of its IPO shares in the hands of its users, an unusual move that could build loyalty but also comes with risk. The company plans to reserve an as-yet ...

(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported on Wednesday. It aims to reserve an as-yet-undetermined ...

Reddit said its initial public offering could raise about $748 million, and that it also plans to offer shares ... going public typically reserve their IPO shares for big institutional investors ...

Reddit, along with some existing stockholders, plans to offer 22 million shares of the company’s Class A stock, meaning the IPO could raise as much as $748 million from those shares, according ...

Reddit plans to list 22 million shares at a price between $31 and $34, according to the latest version of the IPO prospectus it filed with the Securities and Exchange Commission. The company ...