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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 run-up in the stock price has dramatically increased its valuation, leaving investors to question whether they are too late.
Reddit stock's meteoric rise is the result of the social media company's phenomenal business performance. Despite being nearly 20 years old, the company is still seeing growth in usage of its ...
Reddit's stock surged Wednesday after posting a solid earnings beat and reporting strong revenue from AI licensing deals with Alphabet and OpenAI.
Before you buy stock in Reddit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Reddit wasn’t ...
Keith Gill, known by the Reddit username "DeepFuckingValue" (often referred to in more formal contexts as "DFV" for short to omit the profanity) and by the YouTube and Twitter alias "Roaring Kitty", [14] [15] [16] purchased around $53,000 in call options on GameStop's stock in 2019 and saw his position rise to a value of $48 million by January ...
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 ...
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