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Reddit (RDDT) Business News
Track Reddit in real time with a live news feed covering Reddit stock news, official press releases, company announcements, and an archive of historical Reddit news. ...more
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The Reddit Sell-Off: Is The 36% Drop An Overreaction?
Gartner, Stellantis, And Novo Nordisk Are Among Top 10 Large Cap Losers Last Week (Feb. 2-Feb. 6): Are the Others in Your Portfolio?
NBA Star Giannis Antetokounmpo Becomes First Player Shareholder In Prediction Market Kalshi
Maybe I Wasn’t So Wrong About Reddit After All
Market Today: Dow tops 50,000 as chip leaders rebound; Stellantis plunges
Reddit Stock Reverses While The Market Rips Higher: Here's Why
Reddit says it's looking for more acquisitions in adtech and elsewhere
These Analysts Revise Their Forecasts On Reddit Following Q4 Results
RDDT Rolls Over on Strong Earnings & Why Analysts Lowered Price Targets
Reddit Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Reddit (RDDT) – a platform for community-based discussions and content sharing – has entered a 10-day losing streak, with total losses during this timeframe reaching 36%. The company's market capitalization has fallen by approximately $15 billion over the past 10 days and is currently valued at $27 billion.
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The Reddit Sell-Off: Is The 36% Drop An Overreaction?
ForbesReddit (RDDT) – a platform for community-based discussions and content sharing – has entered a 10-day losing streak, with total losses during this timeframe reaching 36%. The company's market capitalization has fallen by approximately $15 billion over the past 10 days and is currently valued at $27 billion.
Read full article
Gartner, Stellantis, And Novo Nordisk Are Among Top 10 Large Cap Losers Last Week (Feb. 2-Feb. 6): Are the Others in Your Portfolio?
BenzingaLarge-cap losers last week (Feb. 2-Feb. 6) were hit by weak earnings/guidance and analyst downgrades-led by Stellantis, Gartner, PayPal, Reddit, and Novo Nordisk.
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NBA Star Giannis Antetokounmpo Becomes First Player Shareholder In Prediction Market Kalshi
BenzingaMilwaukee Bucks star Giannis Antetokounmpo said he has joined prediction market platform Kalshi as a shareholder.
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Maybe I Wasn’t So Wrong About Reddit After All
247 WallstLast November, I published an article admitting I got Reddit (NYSE: RDDT) "epically wrong." Since its March 2024 IPO, I had been skeptical about the company's prospects, with my main concerns centering on user metrics and its ad business as a core growth driver. Content licensing deals with AI companies, such as the $60 million annual...
Maybe I Wasn't So Wrong About Reddit After All.
Market Today: Dow tops 50,000 as chip leaders rebound; Stellantis plunges
GuruFocusGuru Stock PicksTom Gayner has made the following transactions:Reduce in ADI by 12.37%Sold out in ADBEAdd in TMO by 12.54%New position in BRORichard Pzena has m
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Reddit Stock Reverses While The Market Rips Higher: Here's Why
BenzingaAfter an initial pre-market jump of nearly 8%, Reddit stock has seen some volatility as the broader market processes the details.
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Reddit says it's looking for more acquisitions in adtech and elsewhere
TechCrunchReddit is gearing up for more M&A, the company told analysts on its fourth-quarter earnings call on Thursday. Reddit CFO Andrew Vollero said the online forum site is looking for businesses that can either leverage Reddit's scale — meaning their products become more impactful when deployed across Reddit's massive user base — or help grow the company's user base.
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These Analysts Revise Their Forecasts On Reddit Following Q4 Results
BenzingaReddit Inc (NYSE: RDDT) reported better-than-expected fourth-quarter financial results on Thursday after the market close.
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RDDT Rolls Over on Strong Earnings & Why Analysts Lowered Price Targets
Schwab NetworkReddit (RDDT) posted better-than-expected earnings, great guidance, and even issued a $1 billion share buyback program. The stock still moved lower on Friday.
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Reddit Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Zacks Investment ResearchRDDT's fourth-quarter results benefit from strong ad gains and rising user engagement.
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