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Financial giants have made a conspicuous bullish move on Reddit. Our analysis of options history for Reddit (NYSE:RDDT) revealed 16 unusual trades.Delving into the details, we found 43% of traders ...
Reddit shares gained Monday after Seaport Global’s Aaron Kessler upgraded the stock from Neutral to Buy and set a $165 price target, according to Benzinga. Kessler cited surging ad revenue ...
The stock has 10 "buy" ratings, along with four "hold" and one "sell" ratings. Citi analysts moved from below the consensus to above it following the report, lifting their price target to $158 ...
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 ...
Shares of Reddit (NYSE: RDDT) soared to the skies on Wednesday. The news aggregator and social forum operator reported fantastic results in the third quarter of 2024, lighting a fire under the stock.
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.
Reddit's Current Market Status Currently trading with a volume of 54,366, the RDDT's price is up by 0.23%, now at $163.81. RSI readings suggest the stock is currently may be approaching overbought.
Also Read: Reddit’s Ad Strategy Is Clicking, Say Analysts—Strong Q1 Sets Stage For Profitable Growth in 2025 Last week, Reddit reported: Quarterly revenue of $392.36 million. That’s up from ...
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 ...
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