Today
+3.09%
5 Days
+9.22%
1 Month
+7.67%
6 Months
+104.46%
Year to Date
+60.39%
1 Year
+343.62%
The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a very weak market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Reddit (NYSE: RDDT) stock continued to rocket higher in this week's trading thanks to strong quarterly results. The social media player's price rose 14.2% over the last week of trading.
TradingKey - Fueled by artificial intelligence in advertising, community-driven social platform Reddit (RDDT) delivered a blockbuster second-quarter performance, reporting record profits and strong forward guidance that far exceeded expectations.
TradingKey - On Tuesday, Eastern Time, social media company Reddit (RDDT) saw its stock price surge by as much as 15% during trading, closing with an approximate gain of 6%, marking its highest price in nearly three months. This significant fluctuation stemmed from the company’s announcement that...
After soaring in 2024, shares of Reddit (NYSE: RDDT) are down about 25% in 2025, as of this writing. Reddit has continued to report impressive revenue growth as proof of its appeal to brands in a growing digital advertising market.
Google’s AI Mode may reduce Reddit traffic by providing direct answers using Reddit content without driving clicks to the site.
However, platforms like YouTube and TikTok (videos) or Pinterest (images) have figured out how to generate significant commercial value, text based platforms like Reddit inherently have a flaw to monetize, and when you add issues like user resistance to ads and censorship, it gets even harder.