You might use Reddit, but is it also worth a look for your portfolio?
Reddit Inc. (RDDT) concluded the recent trading session at $67.88, signifying a +1.37% move from its prior day's close.
Reddit's Q2 2024 revenue surged 54% YoY, driven by a 41% increase in Ad revenue and a 691% rise in Other revenue. The acquisition of Memorable AI enhances ad performance, leveraging Reddit's rich user
We've also got a look at Nike's CEO change, the Fed's rate cut, and other interesting topics for investors.
Social-media platform Reddit is rolling out machine-learning translation to a slew of new countries.

Is This Recent IPO Stock a Buy Now?

01:11pm, Friday, 20'th Sep 2024
Reddit is still unprofitable, but it's generating positive free cash flow and has $1.7 billion in cash on hand. Given its fundamentals, Reddit isn't an appropriate pick for value or income-seeking inv
In the latest trading session, Reddit Inc. (RDDT) closed at $64.56, marking a +1.41% move from the previous day.

Reddit: Primed To Move Higher

01:19pm, Thursday, 19'th Sep 2024
Reddit's strong cash position and zero debt make it a solid buy at 42x free cash flow. With over 342 million active users and rapid growth, Reddit is just beginning to tap into its full potential. I b
Reddit Inc. (RDDT) reachead $59.09 at the closing of the latest trading day, reflecting a -0.91% change compared to its last close.
Reddit Inc. (RDDT) reachead $59.63 at the closing of the latest trading day, reflecting a -0.4% change compared to its last close.

Reddit: Surprisingly Good Start

05:35pm, Friday, 30'th Aug 2024
Reddit, Inc. reported 51% DAU growth and 57% WAU growth for Q2, but struggles with monetizing logged-out users, who grew 74% YoY. The company is reporting strong adjusted profits, but insiders have al

Reddit: Explosive User Growth Powered By AI

11:39am, Friday, 30'th Aug 2024
Reddit's strategic AI partnerships with OpenAI and Sprinklr enhance user engagement and ad revenue, positioning it well in the AI-driven social media landscape. Despite recent stock underperformance,
Reddit's shares have outperformed the S&P 500, rising 21.1% since its IPO, driven by robust revenue growth and increased Daily Active Uniques. Revenue surged 53.7% year-over-year to $281.2 million, wi
Social media platform Reddit said on Wednesday it was investigating an outage that has affected thousands of users in the U.S.

It's not just you: Reddit is down

04:38pm, Wednesday, 28'th Aug 2024
Reddit's mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on DownDetector as of 1:30 PM in San Francisco. When trying to access Reddit's hom
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