Reddit Stock News

SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT) is set to join the broad-market, widely held Russell indexes later this quarter. Reddit debuted on the public markets in March 2024 as RDDT and remains one of the most visited websites in the world. Reddit retains an important position in the data and AI landscape with 100,000+ communities about nearly any topic and the largest corpus of...

Over the last several months, many stocks that were once among the market's most prized darlings have taken significant hits. Various circumstances and events, like DeepSeek, trade wars, and rising valuation concerns, have led to these big drawdowns.

Reddit's powerful network effect, vast user-generated content, and strong brand create a durable moat with little real competition. Rapid user growth and surging ad monetization, including dynamic product ads and rising ARPU, drive significant revenue upside potential. Reddit Pro Trends and partnerships with AI companies further enhance monetization opportunities and reinforce the platform's va...

Shares of social media company Reddit (RDDT 2.77%) were once on fire. In February, the stock soared to a 52-week high of $230.41.

Target and Williams Sonoma posted disappointing earnings, but much of the bad news seems priced in; retail sector remains mixed with Gap showing strength. CoreWeave's rapid post-IPO rise and major OpenAI deal highlight continued robust AI infrastructure spending.

Shares of Reddit (RDDT 3.84%) were sliding this week in response to an analyst downgrade on the social media stock. It fell sharply in the broader sell-off on Wednesday in response to a weak Treasury auction and rising Treasury yields, perhaps reflecting a lack of confidence in the U.S. economy and recessionary fears.

NEW YORK--(BUSINESS WIRE)--Smartly, the AI-powered advertising technology company, today announced the integration of Reddit into its unified platform.

One of the more up-and-coming social media stocks in recent times, Reddit (RDDT -9.41%), went down quite a bit on Wednesday. Investors traded assertively out of the stock following an analyst's price-target cut, to the point where it closed the day more than 9% in the red.