Reddit (NYSE: RDDT) has gone on a wild ride since its initial public offering on March 21. The social news platform went public at $34, and its shares opened at $47 before rallying to a record high of $74.90 just five days later. But today it trades at about $48.

I recently dug deeper into Reddit's business and determined that it needed to find fresh ways to expand its ecosystem, grow its audience, and stay relevant in the shifting market for news aggregation platforms in order to be a sustainable investment.

Today I'll take a closer look at the five biggest risks for the so-called "front page of the internet."

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Source Fool.com