Welcome back to meme retail share time, as department store retailer Kohl's meme stock became the latest unlikely name to unexpectedly and suddenly surge Tuesday.
Reddit Inc. (RDDT) concluded the recent trading session at $142.52, signifying a -1.24% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to Reddit Inc. (RDDT). This makes it worthwhile to examine what the stock has in store.
Social media platform Reddit was down for thousands of users in the U.S. on Wednesday, according to outage tracking website Downdetector.com.
AI upgrades and user gains boost Reddit's platform, but stiff competition and high valuation weigh on the stock.
META's robust ad tools and diversified revenue streams overshadow RDDT's limited reach and growth uncertainties.
AI-driven upgrades and rising user activity fuel RDDT's ad ambitions, but stiff competition and valuation headwinds are risks.
In the closing of the recent trading day, Reddit Inc. (RDDT) stood at $143, denoting a -1.82% move from the preceding trading day.
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 employed (or sell-side) analysts often affect a stock's price, do they really matter?
Reddit Inc. (RDDT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Reddit Inc. (RDDT) closed the most recent trading day at $157.03, moving 1.45% from the previous trading session.
Rich Greenfield, Lightshed Partners co-founder, joins 'Closing Bell: Overtime' to discuss Reddit's stock and whether it's an AI winner or loser.