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Barchart
Mohit Oberoi

Reddit IPO Forecast: Should You Buy RDDT Stock, Despite WallStreetBets' Pessimism?

Reddit WallStreetBets RDDT IPO Google

Just about three years after the subreddit WallStreetBets triggered one of the most iconic short squeezes in history, with a group of retail traders acting together to get the best of Wall Street hedge funds, social media site Reddit is going public later this week.

This is Reddit’s second attempt at going public; the company had confidentially filed for an IPO in December 2021. Back then, we did not have much information about the company’s finances, nor were the price ranges available.

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