Reddit CEOs and Executives Sell Millions of Shares, Leading Stock Prices to Plummet

Shares of Reddit Drop as Insiders Sell Soon After IPO

Reddit CEO Steve Huffman and other top executives sold a significant amount of shares in the social network, causing the RDDT stock to fall overnight. Huffman sold 500,000 shares at an average price of $32.30, totaling $16.15 million. CFO Vollero Andrew sold 71,765 shares for $2.318 million, COO Jennifer Wong sold 514,000 shares for $16.602 million, CTO Christopher Slowe sold 185,000 shares for $5.975 million and Chief Accounting Officer Michelle Reynolds sold 3,

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