$186.15
+4.48 (+2.47%)
At Close: Jul 21, 2026
Reddit's bet on AI is starting to pay off
06:27am, Wednesday, 30'th Oct 2024
Reddit shares surged 25% after it reported a revenue beat and turned a profit for the first time. The company saw a 68% revenue increase and a 47% rise in daily active visitors in Q3.
Reddit: Future Of Contextual And Interest-Based Ads, Initiate With 'Buy'
05:05am, Wednesday, 30'th Oct 2024
Reddit's community-based platform excels in contextual and interest-based ads, driving strong DAUq growth and ARPU improvements, leading to a 'Buy' rating with a $130 target price. International expan
Reddit declares first profit since going public, shares rocket higher
04:16am, Wednesday, 30'th Oct 2024
Social media website Reddit (NYSE:RDDT) posted a net income of $29.9 million in the third quarter, marking the first quarterly profit since going public in March. Reddit delivered this on an 8.6% marg
What You Need to Know Ahead of Reddit's Earnings Tuesday
05:50am, Friday, 25'th Oct 2024
Reddit (RDDT) is set to report earnings after the bell on Tuesday, with analysts expecting revenue growth, but a slightly larger net loss than it recorded the same time last year before the social med
Why Reddit Inc. (RDDT) Dipped More Than Broader Market Today
06:56pm, Tuesday, 22'nd Oct 2024
Reddit Inc. (RDDT) reachead $77.29 at the closing of the latest trading day, reflecting a -1.6% change compared to its last close.
Reddit CEO says the platform is in an 'arms race' for AI training
08:56pm, Monday, 21'st Oct 2024
Reddit CEO Steve Huffman said the company is working to find its place in the AI "arms race." The platform has become a power player in the race to train AI models.
Monster insider trading alert for Reddit stock
05:42am, Monday, 21'st Oct 2024
Despite its strong performance, Reddit's (NYSE: RDDT) stock has been plagued by its suspected meme stock status and the lack of a lockup period for its executives after the initial public offering (IP
Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads
02:37am, Sunday, 20'th Oct 2024
Reddit's stock has risen over 25% since my initial "buy" rating, driven by strong advertising and data licensing revenue after it signed a partnership with OpenAI to improve user innovation. Its Q2 FY
Advertising Growth key for Reddit (RDDT)
01:58pm, Friday, 18'th Oct 2024
Megan Brantley from @LikeFolio shares their research on Reddit (RDDT) as the social media company competes with Meta Platforms (META), Snap (SNAP) and even Tiktok. "Overall, we see a mixed bag," she s
Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years
06:20am, Wednesday, 16'th Oct 2024
Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3
Reddit Inc. (RDDT) Advances While Market Declines: Some Information for Investors
07:01pm, Tuesday, 15'th Oct 2024
In the most recent trading session, Reddit Inc. (RDDT) closed at $75.17, indicating a +0.4% shift from the previous trading day.
Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet
10:32am, Thursday, 10'th Oct 2024
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe
Reddit's user surge and AI integration set to propel EBITDA growth, says Jefferies in initial coverage
01:59pm, Wednesday, 09'th Oct 2024
Jefferies has initiated coverage on Reddit (NYSE:RDDT), citing the platform's impressive user growth, particularly after integrating AI-driven enhancements and improving its platform speed. Analysts i
Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths
01:35pm, Wednesday, 09'th Oct 2024
Reddit (RDDT) shares climbed Wednesday after analysts at Jefferies initiated coverage of the social media platform with a "buy" rating, citing its success within Google search results and its artifici
Reddit stock climbs after Jefferies initiates coverage with a buy rating
11:19am, Wednesday, 09'th Oct 2024
Jefferies estimates that Reddit's Ebitda will more than double in the next two years to around $450 million.
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