Reddit Stock News

Reddit shares rose over 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating. The social media company's shares reached $191 on Tuesday during midday trading, topping a previous high of $182 on Jan. 6.

SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, February 12, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accesse...

Reddit (RDDT -1.45%) is one of the fastest-growing social media companies.

These social media companies boast one of the most lucrative business models right now.

Reddit (RDDT -1.45%) has developed a new revenue stream thanks to artificial intelligence.

Many cryptocurrencies surged over the past year as expectations for milder macro headwinds and lower interest rates drove investors back toward riskier investments. However, cryptocurrencies are still notoriously volatile and hard to properly value.

Reddit stock gained 380% in 2024, beating the year's best S&P 500 performer. Three other IPOs of 2024 outperformed the index.

When investors look for the best opportunities in the stock market, one gauge they often look at is whether people (retail and professionals) are buying a stock. However, not many know that the same strategy can be flipped on its head, and it works better than focusing on only the buying side of the equation.