r/IPO

Reddit is going public. Here’s what you need to know before you yolo into the shares

Last week, Reddit, the company behind the forum of the same name, declared they’re finally going public. The 19-year-old social media company filed an initial public offering (IPO) prospectus with the Securities and Exchange Commission (SEC), America’s financial market regulator. Soon, investors and apes alike can trade Reddit’s shares.

But the platform …