Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market

Mar 4, 2024

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Published Sun, Mar 3 20245:46 PM EST

POLAND – 2023/07/26: In this photo illustration a Reddit logo seen displayed on a smartphone. (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)

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There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, seemingly for ages.

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