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Reddit has finally publicly filed to go public on the New York Stock Exchange under the ticker "RDDT," Axios' Kia Kokalitcheva writes.
Why it matters: It's a move the company wanted to make for a while, but the market downturn forced it to pump the breaks.
By the numbers: The online forum website brought in $804 million in revenue in 2023, with a net loss of just under $91 million.
What we're watching: Yesterday we noted that Reddit is reportedly eying an unusual move to reward its most loyal users through the IPO.