Reddit Inc Class A logo

Reddit Inc Class A (RDDT)

Market Open
16 Jun, 18:55
NYSE NYSE
$
177. 44
-4.44
-2.4412%
$
34.32B Market Cap
- P/E Ratio
- Div Yield
2.55M Volume
- Eps
$ 181.88
Previous Close
Analysts:
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Day Range
174.72 182.41
Year Range
119.27 282.95
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Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site

Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site

In its lawsuit, Reddit said Anthropic also declined to enter into a licensing agreement for data and had unjustly enriched itself at Reddit's expense.

Nytimes | 1 year ago
Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Cnbc | 1 year ago
Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data

Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data

Reddit is suing AI startup Anthropic for using the online-discussion site's data without a licensing agreement.

Wsj | 1 year ago
Reddit: High-Growth Company With An Undeniable Moat

Reddit: High-Growth Company With An Undeniable Moat

Reddit's powerful network effect, vast user-generated content, and strong brand create a durable moat with little real competition. Rapid user growth and surging ad monetization, including dynamic product ads and rising ARPU, drive significant revenue upside potential. Reddit Pro Trends and partnerships with AI companies further enhance monetization opportunities and reinforce the platform's value to advertisers.

Seekingalpha | 1 year ago
Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?

Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?

Reddit stock benefits from ad business growth, AI initiatives, and new partnerships, but faces stiff competition and valuation concerns.

Zacks | 1 year ago
Wall Street Roundup: Retail Earnings, Reddit Volatility, AI Momentum

Wall Street Roundup: Retail Earnings, Reddit Volatility, AI Momentum

Target and Williams Sonoma posted disappointing earnings, but much of the bad news seems priced in; retail sector remains mixed with Gap showing strength. CoreWeave's rapid post-IPO rise and major OpenAI deal highlight continued robust AI infrastructure spending.

Seekingalpha | 1 year ago
Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?

Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?

RDDT and BMBL are well-known players in the social networking market. Let's find out which one is a better investment option right now.

Zacks | 1 year ago
Reddit Stock Drops as Wells Fargo Warns Google's AI Search Tools Could Hurt Traffic

Reddit Stock Drops as Wells Fargo Warns Google's AI Search Tools Could Hurt Traffic

Shares of Reddit (RDDT) slipped Monday as Wells Fargo downgraded the stock amid concerns that Google's implementation of AI search features could hurt the social media company.

Investopedia | 1 year ago
2 Social Media Stocks to Watch Amid Reddit Turmoil

2 Social Media Stocks to Watch Amid Reddit Turmoil

Two social media giants, Snap Inc (NYSE:SNAP) and Pinterest Inc (NYSE:PINS), are shifting lower on Wall Street today.

Schaeffersresearch | 1 year ago
Reddit Stock Drops as Analysts Flag Search Disruption Risks

Reddit Stock Drops as Analysts Flag Search Disruption Risks

Reddit Inc (NYSE:RDDT) stock is under pressure this morning, last seen 5% lower at $107.52, after Wells Fargo downgraded the stock to “equal weight” from “overweight” and slashed its price target to $115 from $168.

Schaeffersresearch | 1 year ago
Reddit Is Printing Money And No One's Noticed

Reddit Is Printing Money And No One's Noticed

Reddit (RDDT) presents a compelling investment thesis based on its unique platform, with engaged user base. Reddit's financials—no debt, a huge cash pile, and strong free cash flow growth make it attractive. At 39x forward free cash flow, I see Reddit as a rare mix of value and high growth.

Seekingalpha | 1 year ago
Reddit's Q2 revenue guidance implies nearly 50% growth at the midpoint, says Jim Cramer

Reddit's Q2 revenue guidance implies nearly 50% growth at the midpoint, says Jim Cramer

'Mad Money' host Jim Cramer digs into recent results from social media company Reddit.

Youtube | 1 year ago
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