Reddit Inc. (RDDT) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]
Reddit, Inc. Class A (RDDT)
Company Research
Source: Yahoo! Finance
This change lagged the S&P 500's daily loss of 0.31%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw a decrease of 1.09%. Heading into today, shares of the company had gained 4.71% over the past month, lagging the Computer and Technology sector's gain of 6.41% and outpacing the S&P 500's gain of 2.73% in that time. Market participants will be closely following the financial results of Reddit Inc. in its upcoming release. Investors should also take note of any recent adjustments to analyst estimates for Reddit Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a
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RDDT
News
- Reddit: Has Upside As It Grows Its Users And Leverages Its Data [Seeking Alpha]Seeking Alpha
- Reddit, Inc. (NYSE: RDDT) was upgraded by analysts at B. Riley to a "strong-buy" rating.MarketBeat
- Reddit, Inc. (NYSE: RDDT) is now covered by analysts at B. Riley. They set a "buy" rating and a $75.00 price target on the stock.MarketBeat
- Reddit, Inc. (NYSE: RDDT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $75.00 price target on the stock.MarketBeat
- Jim Cramer on Reddit Inc. (RDDT) CEO Steve Huffman: ‘I Say Keep Up The Good Work, Spez – You're Going Higher' [Yahoo! Finance]Yahoo! Finance
RDDT
Earnings
- 8/6/24 - Beat
RDDT
Sec Filings
- 9/25/24 - Form 4
- 9/23/24 - Form 4
- 9/20/24 - Form 4
- RDDT's page on the SEC website