U.S. News & World Report: Should You Buy Reddit (RDDT) Stock? How to Decide

EquityZen

|

April 1, 2024

Company News

With both Astera Labs and Reddit off to great success in the public markets, now might be the time for more private companies to IPO.

In addition, the macro environment suggests a welcoming market. "We're seeing low volatility, inflation stabilized, and strong GDP and employment," explains EquityZen's Chief Strategy Officer Phil Haslett. "Plus, there's interest rate stability and the potential end of Federal Reserve rate hikes and possibly even cuts. With these factors in play, the IPO pipeline is growing." More of our thoughts on the market in U.S. News & World Report.

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