Reddit

RDDT NYSE IPO2024

about RDDT

Reddit is a social media and online community platform where users share, discuss, and vote on content within a vast network of topic-specific forums called subreddits, generating revenue primarily through advertising and, increasingly, by licensing its data for use in training AI models.

type open high low market
cap
volume
stock $256.66 $265.54 $255.42 $47.59B 4.58M
eps price to
earnings
price to
sales
operating
margin
profit
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yield
+$0.48 389.66 105.81 13.55% 17.87% 0%
MICROMAN 2 months ago bullish
Reddit launches Artificial Intelligence based Ad Optimization Tips, a new tool that helps advertisers optimize their own ad spend. Now Reddit itself will automatically evaluate your account configuration and active ad campaigns to provide personalized, data-driven suggestions to improve performance. There is a new "Optimization Score" which provides an overall summary assessment of the effectiveness of your Reddit ads configuration. Investors seems super enthusiastic about these new features; the stock is popping over 6% on this seemingly small announcement. https://finance.yahoo.com/news/reddit-launc...
Tim_Cookie 3 months ago bullish
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...
Read this market discussion comment reply about RDDT stock from MICROMAN MICROMAN 3 months ago
Even old.reddit.com is slowly breaking over time. Pretty much any link that links back to reddit forces you to the new design instead of maintaining the old style. Pretty terrible user experience. Honestly I wish they would just remove the old site entirely so that I can finally break the habit once and for all.
AlphaGod 3 months ago neutral
New study indicates the average attention span for most people is down to 47 seconds in 2025, compared to 2.5 minutes in 2004. I'd read the study myself, but eh.