Internet

Reddit aims to raise $500 mn in stock market debut

Reddit plans to raise some $500 million with its initial public offering of shares, using the money to improve the platform and its money-making power, according to a regulatory filing on Monday.

Stock

In the investment world, a share of stock (also referred to as equity share) represents a share of ownership in a corporation (company).

In the plural, stocks is often used as a synonym for shares especially in the United States, but it is less commonly used that way outside of North America.[1]

In the United Kingdom, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities.[2]

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