According to recent reports, X is looking to raise capital by selling stakes valuing the company at $44 billion -- the same price that Tesla CEO Elon Musk acquired the business at in 2022. After today ...
Even accounting for its recent sell-off, Reddit stock is up big in recent months. One hedge fund revealed it took a big stake in the social media giant.
The social-media platform saw its shares decline over 9% by midafternoon, its largest one-day percent decrease since March ...
Reddit (RDDT) stock fell more than 5% Thursday after the company's mixed fourth quarter earnings results posted late Wednesday failed to meet investors' high expectations. Reddit's diluted ...
Reddit's stock dropped more than 15% after hours on Wednesday after the company reported user growth below analyst expectations in its fourth-quarter earnings. The site averaged 101.7 million ...
Analysts expect rising revenue and users for Reddit compared with a year ago. The stock has soared nearly sevenfold from its IPO price in March 2024. Reddit (RDDT) is set to report fourth-quarter ...
Shares of Reddit plunged 15% to $183.85 in extended trading Wednesday following the release. The stock closed at a record high Friday, and was up nearly sevenfold from its initial public offering ...
Reddit’s strong user engagement has boded well for its stock lately. But, if you want an upside with a smoother ride than an individual stock, consider the High-Quality portfolio, which has ...
RDDT stock is trading at a premium with a forward 12-month Price/Sales of 21.65X compared with the industry’s 3.31X. Reddit’s expanding partner base also strengthens its competitive prowess.
Investing.com -- Roth MKM reduced its Reddit stock rating to Neutral from Buy on Wednesday, while lifting the price target to $195 from $116, due to a more balanced near-term risk-reward profile ...