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The company initiated 13 stock splits between 1982 and 1999. Since 1999, no splits have occurred. Part of the reason for that is that Home Depot stock declined in the 2000s as it transitioned from ...
Based on current prices, Coatue's Reddit stake is worth about $1.2 billion, representing a year-to-date gain of $141 million, assuming the hedge fund is still holding onto the stock.
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 9, 2024. Robert Izquierdo has positions in Reddit ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Reddit is a social media platform divided into roughly 100,000 forums where people discuss everything from Costco’s best products to the best stocks for retail investors.
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By contrast, however, shares of Reddit (NYSE: RDDT), which debuted on the stock market in March 2024, advanced 262%, and are up another 18% so far in 2025. I predict that in 2025, Reddit will once ...