Reddit files confidential plans for IPO

Angela Lang/CNET

Social network platform Reddit said Wednesday it had confidentially filed a draft registration for a proposed initial public offering with the Securities and Exchange Commission.Reddit frequently ranks among the internet’s most trafficked destinations and played a significant role in the “meme stocks” frenzy. Information shared earlier this year by investors on the network led to a sudden surge in the value of shares of GameStop, AMC and other companies.

Get the CNET Now newsletter
Spice up your small talk with the latest tech news, products and reviews. Delivered on weekdays.

Reddit didn’t reveal how many shares …