Streetbeat News

RDDT

Reddit, Inc.

https://www.redditinc.com

Industry

Internet Content & Information

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

Open

178.28

Mkt cap

31B

Volume

3.2M

High

179.87

P/E Ratio

-56.93

52-wk high

187.69

Low

172.15

Div yield

N/A

52-wk low

37.35

Reddit shares surged over 7% to a record high of $191 after Raymond James analysts raised their price target and reiterated a 'strong buy' rating.

Portfolio Pulse from

January 21, 2025 | 8:15 pm

Reddit's stock (RDDT) has surged 134% over the past 6 months, driven by strong AI innovations, enhanced advertising, and increased user engagement. These factors position the stock for continued upward momentum in 2025.

Portfolio Pulse from

January 15, 2025 | 5:00 pm

Reddit Inc. (RDDT) saw a slight increase in its stock price, closing at $164.82, which is a +0.1% move from the previous day. However, it underperformed compared to the broader market.

Portfolio Pulse from

January 15, 2025 | 12:15 am

The Investment Committee highlights Reddit, Delta, Thermo Fisher, and Eli Lilly as top stocks to watch for the second half of the year.

Portfolio Pulse from

January 14, 2025 | 7:00 pm

The Investment Committee discusses the latest Calls of the Day, focusing on Reddit, GE Aerospace, and GE Vernova.

Portfolio Pulse from

January 14, 2025 | 6:30 pm

Reddit, a rapidly growing social media company, is being considered as an undervalued growth stock. The article discusses its potential in the market.

Portfolio Pulse from

January 14, 2025 | 2:30 pm

Reddit has introduced a new revenue stream by leveraging artificial intelligence, which could impact its stock performance.

Portfolio Pulse from

January 14, 2025 | 2:00 pm

Wall Street analysts are optimistic about Reddit Inc. (RDDT), which may influence investor decisions and impact the stock's price.

Portfolio Pulse from

January 08, 2025 | 4:00 pm

Reddit Inc. (RDDT) saw a 1.51% increase in its stock price, closing at $165.91, despite a general market downturn.

Portfolio Pulse from

January 03, 2025 | 12:30 am

Reddit's strong user engagement and innovative ad strategies have driven its growth, making it a key player in social media. Its advanced ad technology and international expansion are significant growth catalysts.

Portfolio Pulse from

January 01, 2025 | 2:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.