News
RDDT
53.53
+6.83%
3.42
Reddit: Is It A Buy Following Strong Earnings?
Seeking Alpha · 1d ago
IAS, RDDT among major communication services gainers; AENT, KUKE among losers
Tech On the Move IAS, RDDT among major communication services gainers; AENT, KUKE among losers. S&P 500 Communication Services sector is down 0.2% at $292.20. Groupon, Gravity Co and Reddit among major groupon gainers.
Seeking Alpha · 1d ago
EPS Season: 3 Standout Reports
NASDAQ · 2d ago
Thursday's ETF Movers: SIL, ARKW
NASDAQ · 2d ago
3 Reasons Cathie Wood Is Buying Reddit Stock Now
Reddit posted its first financial results as a public company this week. The social-networking site went public on March 21. Its first quarter revenue jumped 48% to $243 million. Ark Invest co-founder Cathie Wood bought a stake in Reddit for the second time. The company is growing at a rapid rate.
The Motley Fool · 2d ago
Reddit to Participate in Upcoming Investor Conferences
Reddit, Inc. Announced its planned participation in two upcoming conferences. Live webcasts and replays of the fireside chats will be available on Reddit’s investor relations website. Reddit is one of the internet's largest sources of information. Reddit will participate in two conferences in May 2024.
Barchart · 2d ago
Reddit Is Maintained at Neutral by Goldman Sachs
Dow Jones · 2d ago
Goldman Sachs Maintains Neutral on Reddit, Raises Price Target to $55
Benzinga · 2d ago
Cathie Wood's Ark Invest Purchases Over $30M of Shopify Shares Amid Q1 Numbers-Driven Plunge; Adds Reddit Shares To Kitty — Offloads Coinbase Stock As Bitcoin Declines
Cathie Wood’s Ark Invest made some significant trades on Wednesday. The company bought shares of Shopify Inc and Reddit Inc and sold off shares of Coinbase Global Inc. Shopify shares plunged 18.59% to $62.73 after the company reported its quarterly results. The social media platform also reported strong Q2 results.
Benzinga · 2d ago
Reddit Price Target Raised to $65.00/Share From $53.00 by Citigroup
Dow Jones · 3d ago
Reddit Is Maintained at Buy by Citigroup
Dow Jones · 3d ago
Citigroup Maintains Buy on Reddit, Raises Price Target to $65
Benzinga · 3d ago
Reddit Price Target Raised to $63.00/Share From $53.00 by JMP Securities
Dow Jones · 3d ago
Reddit Is Maintained at Market Outperform by JMP Securities
Dow Jones · 3d ago
JMP Securities Maintains Market Outperform on Reddit, Raises Price Target to $63
Benzinga · 3d ago
Reddit Stock Rises After Bigger-Than-Expected Jump in Users
Reddit's daily active users rose 37% to 82.7 million in the first quarter. The social-media company went public in March. Reddit shares were up more than 2% in recent trading. The company posted higher revenue and a wider loss for the firstquarter. Reddit is trying to branch out beyond ads.
The Wall Street Journal · 3d ago
Reddit Inc Class A (RDDT) Holds Steady: A Balanced View Amidst Growth and Uncertainty
TipRanks · 3d ago
Can Reddit's Solid Momentum Continue? Analysts Say Social Media Company With 'Robust Business Model' Has 'Continued Strong User Growth'
Reddit Inc reported strong first-quarter results. The company's revenues and EBITDA of $243 million and $10 million beat Street expectations. Reddit recorded 9.6 million daily active uniques during the quarter, higher than Street's 77.3 million. Reddit reported 37% year-on-year growth in user growth.
Benzinga · 3d ago
Reddit Is Maintained at Buy by Roth MKM
Dow Jones · 3d ago
Reddit Price Target Raised to $61.00/Share From $50.00 by Roth MKM
Dow Jones · 3d ago
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About RDDT
Reddit, Inc. operates a social platform, Reddit. The Company operates mobile applications and a Website that allows users to form communities and create and share content. Reddit is focused on bringing community, belonging, and empowerment to everyone in the world. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversation, and authentic human connections. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends.