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Reddit reported $428 million in revenue for the fourth quarter, a 71% year-over-year increase from 2023. About 92% of that fourth-quarter revenue came from advertising.
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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 ...
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
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Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics company Ortex on Wednesday showed. Based ...
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
A spokesperson for Nasdaq said the crash was not because of internal server errors or hacker attacks. Nasdaq stated that trades done during the crash would not be cancelled on the exchanges that it operates. [20] There were rumors that Citigroup had accidentally sold a large basket of European stocks over the market. [21]