WSJ: Reddit plans to sell shares to loyal users in next month's IPO
ChainCatcher news, according to The Wall Street Journal, social media company Reddit plans to reserve a portion of its IPO shares for its 75,000 most active users when it goes public next month, a move that is unusual in the stock market.
According to sources, the company plans to set aside a certain number of shares for these so-called "redditors," although the exact number has not yet been determined.
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