Reddit Turns to Loyal Users in Unusual IPO Bet

Published: Feb. 21, 2024, 9:57 p.m.

b'P.M. Edition for Feb. 21. Reddit wants to offer shares to 75,000 of its biggest users, in the hope they will boost its stock-market debut, according to people familiar with the matter. IPO reporter Corrie Driebusch explains the possible risks and rewards of the strategy. And the minutes from the Federal Reserve\\u2019s January meeting show more officials were concerned with cutting rates too soon as opposed to holding rates too high for too long. Plus, the vice president of Boeing\\u2019s 737 program is leaving the company. Annmarie Fertoli hosts.\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'