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Shares in MP Materials soared by 50% on Thursday, and Australian rare earths stocks also surged as the Australian market ...
Reddit got a boost after introducing its new Community Intelligence product at the Cannes Lions festival. Shares of Reddit ...
Reddit stock has been a top-performer among recent IPOs, surprising Wall Street with rapid user growth and strong ad sales.
Reddit Inc. (NYSE: RDDT) shares are trading higher Monday, continuing a strong run driven by anticipated user growth and ...
Reddit stock was up 18% after it reported first-quarter earnings that beat analysts’ expectations. The social media site reported a profit of 13 cents a share, beating forecasts for two cents a ...
How Reddit stock could surge more than 600% in 10 years So, Reddit has a significant user base and a large amount of data that it could license out to AI companies -- but how can it leverage those ...
Reddit Inc (NYSE:RDDT) reported better-than-expected third-quarter results and provided strong guidance, sending its shares soaring more than 22% in premarket trading Wednesday.
Reddit's third-quarter revenue soared 68% to $348.4 million and it reported profit of 16 cents per share.
Reddit’s users grew, too But it wasn’t just the additional revenue and net income that made Reddit investors happy this morning. Two other factors have influenced RDDT’s stock surge.
Meta Platforms, for instance, generates about 97% of its revenue from ad sales. What's more, with a market cap of less than $20 billion, Reddit's stock has plenty of room to grow -- assuming the ...
As you can see from the chart, most of the stock's gains came in the middle of the month, though it also benefited from a late surge in the broad market as tensions in the Middle East cooled.
How Reddit stock could surge more than 600% in 10 years So, Reddit has a significant user base and a large amount of data that it could license out to AI companies -- but how can it leverage those ...