Reddit Officially Applied to Go Public

One of the largest forum sites in the world reddit, will be going public for years. The company kept explaining this firsthand, but when it came to the application process, no steps were taken. At least that was the case until now. However, Reddit is currently planning to go public. officially applied. So Reddit is finally opening up to the stock market.

Although Reddit has made the necessary application to go public, it is unclear when the process will be completed. unknown for now. However, Reddit’s IPO situation caused some controversy in the financial sector. to uneasiness led. Some segments are very big on Reddit shares Volatility can be seen they think. So why does such a belief exist?

The Gamestop incident is not forgotten!

A few years ago, a group of Reddit users carried out one of the largest stock market manipulations in history. Gamestop This manipulation attempt, made on the shares of a company known as , led to an increase of around 100 percent in the shares in just 24-hour periods. continuing for days It is also said that a similar process may occur during Reddit’s public offering process. So Reddit users, with a good organization, Reddit shares “to fly” they can provide.

If you want to learn the details of the Gamestop incident:

That’s all we can say about Reddit’s IPO plans for now. According to some industry sources, Reddit will complete next month, will be offered to the public. So, if you have a plan to buy shares, you can make preparations now. But don’t overlook the possibility that Reddit shares could be manipulated. The result of every manipulation will be an increase there is no condition. Users may also do things that could put the platform in serious trouble. Therefore, manage risk well.

Note: This content cannot be considered as investment advice.