Reddit's Rocky IPO Faces Skepticism from Analysts 📉
Despite a lack of profits since 2005, Reddit's recent IPO has raised doubts among experts. Bernstein rates it 'Underperform', while Baird remains neutral, fueling concerns over its 'meme stock' status.
Benzinga
396 views • Apr 5, 2024
About this video
Reddit's IPO met with skepticism, Bernstein sees 'Underperform', Baird opts for 'Neutral'.<br /><br />Despite no profit since 2005, Reddit's public debut sparks 'meme stock' concerns.
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Views
396
Duration
0:51
Published
Apr 5, 2024
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