Reddit's IPO oversubscribed as much as five times, $6.5 billion valuation within reach, says report

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Global Mod
Global Mod
Reddit's IPO oversubscribed as much as five times, $6.5 billion valuation within reach, says report Sources told Reuters that the oversubscription does not guarantee a strong performance during the IPO debut on March 20, but does indicate that the company's targeted price range of $31-34 per share is within reach.
 
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