People don't trust AI, but they do trust Reddit.
Reddit (NYSE: RDDT) has only traded since its initial public offering (IPO) in March 2024. Since then, its shares have surged as investors became more aware of how the company differentiates itself ...
Reddit is growing quickly and it posted revenue of $500 million in the second quarter. Although the stock is up 260% in the last year, there are valuation concerns. Fast-forward to today, and Reddit ...
Reddit (NYSE: RDDT) stock has gotten hit with a big pullback in this week's trading. Ahead of the market's open this Friday, the company's share price had fallen 11.3% from its level at the previous ...
Reddit Inc. (RDDT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Reddit stock is up more than 60% so far this year, and it outperformed Nvidia across the stretch. Reddit's valuation surged in conjunction with strong sales growth, driven by data licensing for AI ...
Reddit's revenue growth rate has coasted comfortably above 50% in recent quarters. However, the stock's high valuation could make it difficult for it to take off after earnings. Reddit will report its ...
Tech stocks are getting hit with big sell-offs this week, and Reddit is participating in the pullback. Inflation concerns raised by earnings updates from Target and Home Depot are contributing to sell ...