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Investing in initial public offerings, or IPOs, can be a game-changing decision for long-term shareholders. Ideally, an IPO allows investors to get in at the ground floor of a company’s growth story and benefit from outsized gains over time. One upcoming IPO that is closely watched by Wall Street is Reddit, a social media company. According to a report from The Wall Street Journal, Reddit plans to price its shares between $31 and $34, indicating a valuation of roughly $6.5 billion. Further, it will list on the NYSE, and trade under the ticker symbol RDDT. Key Numbers for RedditReddit last rais…

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