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Reddit seeking a valuation of up to $6.5 billion in IPO

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Reddit seeking a valuation of up to $6.5 billion in IPO

In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California. 

Mario Tama | Getty Images

Reddit is seeking a valuation of up to $6.5 billion in its upcoming IPO, according to a person familiar with the matter.

The company plans to price its IPO between $31 to $34 a share, the person said. The Wall Street Journal was first to report on the expected range and…

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