Reddit guides IPO may price at top of range or above, source says
finance.yahoo.com
Get your shorts ready, this will be very interesting to follow. Seems like the stock will appear tomorrow already?
I fully expect a nosedive in stock price but who knows. Maybe a pump and dump.
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They are essentially selling that percentage of the company to the public at large. Not enough for any shareholder to have any power over it, but enough for the company to get some spending money.