How to buy Reddit stock when its IPO hits the market

Updated Jun 17, 2022

Fact checked

Popular internet message board Reddit submitted a draft registration statement with the Securities and Exchange Commission (SEC) outlining its intention to go public. The online forum made waves in early 2021 following the GameStop frenzy and remains a popular propagator of meme-stock hype. No specifics on the offering have been made public, but Redditors have already begun to discuss the pending IPO on the platform.

We'll update this page as new information emerges.

How to buy shares in Reddit when it goes public

Once Reddit goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
Open your brokerage account. Complete an application with your details.
Confirm your payment details. Fund your account.
Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

Finder's picks for buying Reddit when it goes public

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Beginners

SoFi Invest

Our top pick for

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eToro

Our top pick for

Active traders

Tastyworks

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Our pick for beginners. We chose SoFi for this category because it packs a ton of beginner-friendly features into its investing account. These include $0 commission trades, an easy-to-use and highly-rated web platform and mobile app, fractional shares, free automated investing and access to crypto. SoFi also has certified financial planners on staff to help talk you through investment strategies and financial goals — for free.
Our pick for free trades. We chose eToro for this category because it offers commission-free stocks, fractional shares and a complimentary $100,000 demo account so you can practice trading with virtual currency. eToro also lets you see and copy trades that other investors are making and discuss investment strategies on the app. These social features are a great way for new investors to learn about the market and follow trends.
Our pick for active traders. We chose Tastyworks for this category because it offers low trading costs than the competition and a wide range of derivative trading options, including futures, future e-micros and options. That, coupled with live trading shows and a platform packed with advanced charting tools and indicators makes it a solid platform for active traders.

Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

What we know about the Reddit IPO

Reddit confidentially submitted a draft registration statement with the SEC on December 15, 2021. The company was valued at over $10 billion following a funding round in August 2021 and hired its first chief financial officer, Drew Vollero, earlier in the year.

Reddit hopes to nail a valuation of over $15 billion by the time it goes public, according to Reuters.

Reddit’s financials aren’t public — yet

Following the confidential submission of its draft registration statement with the SEC, Reddit’s intentions to go public are clear. But its financials have yet to be made public. Now, that doesn’t mean we don’t know anything about what Reddit has been up to. There are a few data indicators investors can use to better gauge Reddit’s position in the market.

According to Crunchbase, Reddit has raised a total of $1.3 billion over eight funding rounds. Its most recent funding round took place in August 2021, where the company raised $410 million from Fidelity Management and Research Company. Past investors include Tencent, Sequoia Capital and Vy Capital, among others.

The company is currently valued at $10 billion. We’ll update this page and take a closer look at Reddit’s financials as soon as its S-1 filing is available to the public.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Reddit can be useful in determining how the market is performing and whether now is a good time to invest in this industry.

Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

Company summary
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Historical performance
Stock information
- Market capitalization: $532170735616
- P/E ratio: 14.8812
- PEG ratio: 1.0333
- Dividend yield: 0%
Get more detailed information and learn how to buy FB.US stock
Company summary
Pinterest, Inc. operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others; and provides video, product, and idea pins. It shows visual machine learning recommendations based on pinners taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
Historical performance
Stock information
- Market capitalization: $15247179776
- P/E ratio: 75.4667
- PEG ratio: 1.3543
- Dividend yield: 0%
Get more detailed information and learn how to buy PINS.US stock
Company summary
Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company's primary product is Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products that enable advertisers to promote brands, products, and services, as well as enable advertisers to target an audience based on various factors, including who an account follows and actions taken on its platform, such as Tweets created and engagement with Tweets. Its promoted products consist of promoted ads and Twitter Amplify, Follower Ads, and Twitter takeover. In addition, the company offers monetization products for creators, including Tips to directly send small one-time payments on Twitter using various payment methods, including bitcoin; Super Follows, a paid monthly subscription, which includes bonus content, exclusive previews, and perks as a way to support and connect with creators on Twitter; and Ticketed Spaces to support creators on Twitter for their time and effort in hosting, speaking, and moderating the public conversation on Twitter Spaces. Further, it offers products for developers and data partners comprising Twitter Developer Platform, a platform that enables developers to build tools for people and businesses using its public application programming interface; and paid access to Twitter data for partners with commercial use cases. Twitter, Inc. was founded in 2006 and is based in San Francisco, California.
Historical performance
Stock information
- Market capitalization: $31818930176
- P/E ratio: 166.32
- PEG ratio: 3.64
- Dividend yield: 0%
Get more detailed information and learn how to buy TWTR.US stock

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Compare special offers, low fees and a wide range of types of investments among top trading platforms.

1 - 7 of 7

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*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Thank you for your feedback!

Sheri Bechtel

Sheri Bechtel is the share trading and investing editor at Finder, where she mentors writers to break down complicated topics like asset allocation, capital gains and expense ratios into concepts even newbies can understand. She’s always up on the hottest IPOs to have on your radar, and makes frequent appearances on Finder’s YouTube channel as an investing expert. Sheri has 20 years of experience covering the financial markets, from stocks to bonds and everything in between. Her expertise has been featured on Yahoo News, Black Enterprise and Money Alignment Academy’s LifeBlood podcast, among others.

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How to buy Reddit stock when it goes public

Here's everything we know so far about the Reddit IPO.

How to buy shares in Reddit when it goes public