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A stock split is neither good nor bad, and long-term investors should probably be indifferent to them. They have no impact on the value of your investment or the value of the company. However ...
Reddit is one of the newer tech and social media stocks on the scene. December saw the social media company's already hot stock rise by more than 16%, bolstering its status as one of the best ...
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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.
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.
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 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.
Amazon is a household name in e-commerce and the stock’s popularity on Reddit is rising, too, according to ApeWisdom.io. The site shows that mentions of the stock are up by 20% in the past 24 hours.