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Investors view Reddit in part as an AI play. Shares of the social networking company, which became known as a destination for investor chatter during the post-pandemic meme stock craze, have risen ...
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 ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 9, 2024. Robert Izquierdo has positions in Reddit ...
Steve Huffman, Reddit's CEO. On April 18, 2023, Reddit announced it would charge for its API service amid a potential initial public offering. [6] Speaking to The New York Times ' Mike Isaac, Reddit CEO Steve Huffman said, "The Reddit corpus of data is really valuable, but we don't need to give all of that value to some of the largest companies in the world for free".
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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.
Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so far in the first quarter, CEO ...