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Reddit's IPO price range is reported to be between $31 to $34 per share, with a valuation of up to $6.5 billion per share

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Reddit's IPO price range is reported to be between $31 and $34 per share, with a maximum valuation of $6.5 billion. According to insiders, Reddit's planned initial public offering (IPO) has a maximum valuation of $6.5 billion, and the company plans to offer an IPO price range of $31 to $34 per share. According to insiders, based on this price range, Reddit's fully diluted valuation is approximately $6 billion to $6.5 billion. According to Reddit's submission to the US Securities and Exchange Commission, Morgan Stanley, Goldman Sachs Group, JPMorgan Chase, and Bank of America are the lead banks. Insiders say that details such as the size and timing of the IPO may change. Representatives from Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Bank of America declined to comment.
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