We’ll get quarterly results from Reddit after the bell today, the first chance to see the company’s earnings since its stock market debut back in March.
The supportively soled shoe brand is the latest company to file to sell stock to the public after a long IPO drought. The move indicates a stable, confident market.
The chip design company Arm is going public later this year, in the biggest IPO since 2021. If investors are interested, other companies could start going public, too.