Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Reddit Inc (RDDT)

NYSE
Currency in USD
Disclaimer
51.30
+1.90(+3.85%)
Closed
After Hours
51.24-0.06(-0.12%)

RDDT Comments

Wow
I guess a lot of people took profits at start, and that's why touched $50. The trend changed. could reach $55 again, still one hour.
reddit trying to sh*tpost IRL
Great short story. Just sell and hold the junk
LOL @ the reddit bears.
RDDT $49.41 +2.36% at close! (Earnings)
Where can we read the report ? Aftermarket price is 58$, there should be good news.
Revenue increased 48% to $243 million for the first quarter. Huge jump! Reddit reported 82.7 million daily active users for the period. Estimated 76.7 mil, the result is pretty impressive .
reddit - dive into s.h.i.t
77 mil users /day, and huge quality content database, hard to sink, at least for long-term
buy?
Reddit: Part 2: 5. Data and analytics: Reddit's vast user-generated content and engagement data can be leveraged for valuable insights, potentially attracting investors and increasing equity value. 6. Expansion into new markets: Reddit's growth into new markets, such as international regions or niche communities, can lead to increased revenue and equity value. 7. Improved monetization strategies: Reddit's development of effective monetization strategies can increase revenue and equity value. 8. Increased investor interest: Reddit's growth prospects can attract more investors, leading to increased funding and potentially higher equity value.
thanks for info!
Reddit: 1. Increased user base and engagement: Reddit's growing user base and engagement can attract more advertisers, leading to increased revenue and potentially higher equity value. 2. Diversified revenue streams: Reddit's expansion into new areas like e-commerce, premium features, and Reddit Premium can create new revenue streams, contributing to equity growth. 3. Strategic partnerships and acquisitions: Reddit's partnerships and acquisitions can expand its offerings, user base, and revenue, positively impacting equity. 4. Brand value and recognition: Reddit's growing influence and brand recognition can increase its value as a strategic asset, potentially leading to higher equity value. 5. Data and analytics: Reddit's vast user-generated content and engagement data can be leveraged for valuable insights, potentially attracting investors and increasing equity value. 6. Expansion into new markets: Reddit's growth into new markets, such as international regions or niche communiti
7. Reddit's user experience is dogwater
This week will be red again!
Down again because jews just attacked again Iranian territory
well this is interesting, opened in red and now it's green. next week could rise to 50 if facebook earnings jumps over q1 estimation
I thought it would be a good 45-60 game! But it's a piece of garbage! But it will be between 40-30!
Of course, about 30!
Bought 39.78 because i love watching p0r3 on it
certainly your bet won't succeed anytime soon; reasonable price is around 30;
not for long term i do think its a good bet for the next day or 2
i am not buying this stock cause they block access with VPN
Oh no…. Reddit mods losing their money… anyways…
reddit mods got rug pulled, I can't say that this is not satisfying. The people who ruined reddit are at least finally feeling it.
Just down every day?
When is the quarterly earnings report?
05/29/2024. Specialist expect profit for Q1
They must be very special indeed to expect that.
Not my opinion, i am curious too .
Due to its poor annual earnings, RDDT may soon fall to $29.
good
it will be very quick 100$
It's expected to report profit for Q1 2024, and +20% revenue yoy. Maybe that's why still not falling ... https://www.bloomberg.com/news/articles/2024-03-13/reddit-sees-more-than-20-sales-growth-in-2024-in-ipo-roadshow?embedded-checkout=true
This is old news. The price start fall when everyone know their top management sell their share at first day with price 3x.
buy it when lower than $20
Heading to $20 by summer.
It'll be less than that. Reddit has never made an annual profit.
https://www.tradingview.com/chart/RDDT/1GHbO5N4-REDDIT-RDDT-Apr-3rd-2024/
next exit 100 ;-)
diamond hands. I'm all in on this gem.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.