Reddit Inc Class A logo

Reddit Inc Class A (RDDT)

Market Closed
15 Jun, 20:00
NYSE NYSE
$
181. 88
+19.78
+12.2023%
$
34.32B Market Cap
- P/E Ratio
- Div Yield
4.39M Volume
- Eps
$ 162.1
Previous Close
Analysts:
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Day Range
167.91 182
Year Range
119.27 282.95
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Reddit's Newest Low-Priced AI Stock Is Fueling Extreme Trading Volumes

Reddit's Newest Low-Priced AI Stock Is Fueling Extreme Trading Volumes

POET Technologies (NASDAQ: POET), a silicon photonics innovator targeting AI data centers, has ignited a frenzy on Reddit, particularly among retail investors on subreddits like r/WallStreetBets and r/options.

247wallst | 8 months ago
Hashex audit confirms MAGACOIN FINANCE is not a scam: Reddit buzz turns positive after 100% legit verification

Hashex audit confirms MAGACOIN FINANCE is not a scam: Reddit buzz turns positive after 100% legit verification

A newly released Hashex audit has verified that MAGACOIN FINANCE passed all major security checks with no critical vulnerabilities found. The official audit report concludes that the project's smart contract operates safely and transparently, offering full visibility into token functions and liquidity management. The findings appear to have influenced ongoing Reddit discussions. Earlier debates questioning

Invezz | 8 months ago
Reddit: Explosion Of Daily Users Invalidates ChatGPT Reference Scare

Reddit: Explosion Of Daily Users Invalidates ChatGPT Reference Scare

Reddit remains a top momentum play, with accelerating revenue growth and strong user trends despite recent volatility from reduced ChatGPT references. RDDT's unique platform drives valuable ad revenue, with double-digit U.S. user growth and rapid international expansion fueled by AI-powered translation. Q2 results saw revenue up 78% y/y and ARPU up 47%, with ad innovations boosting click-through rates and profitability surging on 90%+ gross margins.

Seekingalpha | 8 months ago
Reddit Inc. (RDDT) Increases Despite Market Slip: Here's What You Need to Know

Reddit Inc. (RDDT) Increases Despite Market Slip: Here's What You Need to Know

In the most recent trading session, Reddit Inc. (RDDT) closed at $205.92, indicating a +1.12% shift from the previous trading day.

Zacks | 8 months ago
Will Reddit Inc. (RDDT) Beat Estimates Again in Its Next Earnings Report?

Will Reddit Inc. (RDDT) Beat Estimates Again in Its Next Earnings Report?

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.

Zacks | 8 months ago
Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?

Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Zacks | 8 months ago
Reddit: Bye ChatGPT, Hello AI Mode

Reddit: Bye ChatGPT, Hello AI Mode

Reddit, Inc. stock is down 14% over the past five days as the market (over)reacts to data showing lower citation frequency for Reddit on ChatGPT. While this is cause for concern, RDDT should offset any impact with extra engagement from Google's AI-Mode, which got expanded to 180 countries in August. There are also new potential tailwinds from early talks to expand its content-sharing agreement with Google.

Seekingalpha | 8 months ago
Reddit Investors Got A Big Gift From OpenAI

Reddit Investors Got A Big Gift From OpenAI

I expected a revenge rally for Reddit in H2 in my previous post. Since then, the stock has outperformed the S&P 500 by 7x, despite 25% down from September highs. The company delivered a 78% YoY revenue surge in Q2 with Adjusted EBITDA margin of 33%, driven by 84% growth in advertising, far exceeding management's expectations. The stock is facing volatility from declining ChatGPT citations, as it risks its positioning as a must-have AI data supplier and its leverage in signing future Licensing deals.

Seekingalpha | 8 months ago
Reddit Inc. (RDDT) Stock Sinks As Market Gains: Here's Why

Reddit Inc. (RDDT) Stock Sinks As Market Gains: Here's Why

Reddit Inc. (RDDT) closed at $202.6 in the latest trading session, marking a -11.91% move from the prior day.

Zacks | 8 months ago
Reddit stock drops as its content in ChatGPT declines sharply

Reddit stock drops as its content in ChatGPT declines sharply

Reddit (NYSE:RDDT) shares slid 12% to close at $202.60 on Wednesday, following a 5% decline a day earlier, after data from AI search engine tracker Promptwatch showed that use of Reddit's content in AI chatbot ChatGPT had declined sharply in September.  Promptwatch reported that Reddit content was cited in just 2% of ChatGPT responses on September 30, down from 9.7% during the previous month, and well off its September peak of 14%.

Proactiveinvestors | 8 months ago
Reddit Inc. (RDDT) Outperforms Broader Market: What You Need to Know

Reddit Inc. (RDDT) Outperforms Broader Market: What You Need to Know

In the closing of the recent trading day, Reddit Inc. (RDDT) stood at $270.71, denoting a +1.59% move from the preceding trading day.

Zacks | 9 months ago
Reddit Gains From Solid ARPU Growth: Is the Trend Set to Continue?

Reddit Gains From Solid ARPU Growth: Is the Trend Set to Continue?

RDDT is driving growth through innovative ad solutions, automation tools, and a rapidly expanding advertiser base.

Zacks | 9 months ago
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