As awful as Reddit has become ever since the New Reddit Redesign you cannot deny how successful the business has been. It feels like the site is slowly bleeding out but who knows. Maybe the advertisers actually prefer the way things are, targeting a very different audience than what the site originally started out with. Now RDDT is being added to the Russell indexes. Guess those diamond hands finally paid off.
https://www.investing.com/news/company-news...
RDDT
trading on NYSE
since 2024
$129.07
(Δ 9.16%
)
+$10.82
since open
Reddit offers a platform where users create and join communities centered around various interests, allowing for the sharing of content and discussions across a wide range of topics.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $121.42 | $126.59 | $121.42 | $21.69B | 8.40M |
eps | p/e | p/s |
operating margin |
profit margin |
yield |
+$0.14 | n/a | 66.21 | 0.99% | 6.67% | 0% |