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Reddit stock soared more than 40% to a record high of $117 on Wednesday after the newly public social media company reaped its first-ever post-IPO profit. ... Although its adjusted earnings per ...
The stock debuted at $34 per share and closed the day up 48%, but that was nothing compared to what was to come. On Dec. 9, shares hit a jaw-dropping 52-week high of $180.74, a massive 432% ...
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.
Reddit's diluted earnings per share of $0.36 fell below analysts' estimates of $0.48. Reddit's daily active users in the December quarter hit 101.7 million, up nearly 40% from 2023 but less than ...
While the exact price the fund paid for the stock is not known, shares of Reddit have surged 14% since in 2025 and are up 193% in the last five months. Meanwhile, the S&P 500 has returned 4% year ...
The run-up in the stock price has dramatically increased its valuation, leaving investors to question whether they are too late.
Several positive analyst moves added up to a tailwind, pushing Reddit's (NYSE: RDDT) share price up notably in the final month of 2024. December saw the social media company's already hot stock ...