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Reddit stock soared more than 40% to a record high of $117 on Wednesday after the newly public social ... Read the latest financial and business news from Yahoo Finance. Show comments. Advertisement.
At least six brokerages raised the price target for the stock and one cut, following the results.Reddit has a 12-month forward price-to-earnings ratio of 242.7, compared with Snap's 28.8 and ...
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter. Why Reddit Stock Is Surging Today
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [2]
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...
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