Reddit stock drops on report holder seeks to sell $1.2B stake


Reddit, Pinterest, Whatsapp and other Apple Apps on iPhone screen

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Reddit (NYSE:RDDT) fell 6.7% in after hours trading after a report that a shareholder is seeking to raise as much as $1.2 billion in a sale of 7.8 million shares.

Advance Magazine Publishers, which is part of the Newhouse family publishing empire, is offering


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