Online broker eToro has issued an update to traders regarding the upcoming Reddit initial public offering (IPO).
$RDDT is a vast network of communities where people can dive into their interests, hobbies, and passions. From thought-provoking discussions to the latest trends and memes, Reddit has something for everyone. With millions of active users worldwide, it is a platform where content is king and the community’s voice shapes the narrative.
Availability will initially be only for BUY direction with no leverage.
There are several things that need to be in place before eToro can make this stock available for investing: