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Why Reddit (RDDT) stock is nosediving
What Happened? Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 9.1% in the afternoon session after a report from an RBC analyst highlighted "challenging" feedback from ...
I’m excited about Reddit’s potential because it’s growing revenue at 40% y/y while maintaining a debt-free balance sheet. At 35x forward free cash flow, Reddit looks like a bargain considering its ...
Reddit reported first-quarter earnings that beat Wall Street estimates. The social media platform is capitalizing on rapid user growth. An outlook for accelerating profitability supports a bullish ...
Reddit benefits from a growing user base that seeks out the platform for answers on a range of topics. Advertising revenue grew 74% year over year last quarter. Reddit benefits from a strong tailwind ...
Reddit Inc (NYSE:RDDT) shares are trading higher Tuesday after rising 30% on Monday. Here’s a look at what’s going on. What To Know: Reddit made its highly anticipated debut in the public markets last ...
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