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However, one has to ask whether the stock price has moved ahead of its financials. In the first nine months of 2024, Reddit reported revenue of $872 million, an increase of 57% from the same ...
Shares of social media giant Reddit (NYSE: RDDT) have been on a rocketship since its IPO in March. The stock debuted at $34 per share and closed the day up 48%, but that was nothing compared to ...
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 ...
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. ... lifted their price targets for Reddit ...
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 jumped 42% on Wednesday, and shares have now more than tripled from their $34 initial public offering (IPO) price in March. Revenue jumped 68% in the quarter to $348.4 million, which ...
JP Morgan analyst Doug Anmuth maintained a Neutral rating on Reddit, Inc (NYSE:RDDT) with a price target of $77, up from $59. Anmuth updated Reddit estimates ahead of third-quarter results to ...
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.