It took approximately zero seconds for Reddit users to dissect the social media platform's short announcement on Wednesday that it had filed for a confidential initial public offering.
On WallStreetBets, the subreddit responsible for igniting this year’s meme stock craze, the pile-ons were plentiful, the profanity more so. Many members worried that a stock market listing marked the beginning of the end of Reddit's free-wheeling culture, while others saw the opportunity for more fun — and potentially profit.
