Sources: Reddit's IPO is currently between four and five times oversubscribed, making it more likely the company will reach its targeted $6.5B valuation (Echo Wang/Reuters)

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Echo Wang / Reuters:
Sources: Reddit’s IPO is currently between four and five times oversubscribed, making it more likely the company will reach its targeted $6.5B valuation  —  Reddit’s (RDDT.N) initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday …