Since reporting its fourth-quarter earnings in mid-February, Reddit Inc. (NYSE: RDDT) stock has dropped 36% in less than a month. Despite beating expectations on both earnings per share (EPS) and revenue, the stock fell more than 15% on February 12 after the company reported weaker-than-expected daily active unique visitors, missing analyst estimates.The disappointing user growth was largely attributed to a change in Google’s search algorithm, which temporarily affected Reddit’s visibility in search results ...

Forget about the tariffs kerfuffle. Reddit stock is showing great growth.It often feels like it's President Donald Trump against the world right now -- although investors may feel it's more like Trump against the stock market.On-and-off threats to impose 25% tariffs on imports from Mexico and Canada. On-and-on imposition of tariffs on China -- 10% at a time. Threats of "reciprocal" tariffs on every product, from every country in the world (at an equal amount to such country's tariffs on corresponding U.S. i ...

Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Reddit shares rose more than 10% on Tuesday, reversing a three-day slump that coincided with a broader decline among technology companies.Despite Tuesday's gains, Reddit shares are still roughly 30% below the close on Wednesday.Reddit's stock market upswing was likely bolstered by a Loop Cap ...

The Nasdaq sell-off is making Reddit stock look cheap.Investors in Reddit (RDDT 9.75%) stock are having a terrific Tuesday, as shares rise 10.7% through 11:10 a.m. ET.Shares of the social media discussion site, which had more than quadrupled since its initial public offering (IPO) last year, topping $225 in early February, have been cut in half over the past month. That 50% haircut, however, has made Reddit stock "extremely attractive" for new investors according to investment bank Loop Capital, as The Fly ...

文章核心观点 Reddit联合创始人Alexis Ohanian与Digg创始人Kevin Rose收购Digg平台，欲借助AI创新让其在社交媒体市场中重新崛起 [1] 分组1：Digg发展历程 - Digg于2004年成立，因允许用户对新闻故事评级成为热门新闻主要平台，2006年创始人Kevin Rose登上《商业周刊》封面 [1] - 2008年Digg估值达约1.6亿美元，后因Facebook等社交网站崛起流量暴跌 [2] - 2012年Digg品牌和网站被科技孵化器Betaworks以约50万美元收购 [2] 分组2：收购情况 - Ohanian和Rose以未披露金额收购Digg平台，交易获风险投资公司True Ventures和Ohanian的Seven Seven Six支持 [1] 分组3：Digg未来规划 - Digg旨在通过专注AI创新提升用户体验，打造以人类为中心的社交媒体平台，还将创建注重透明度、奖励人力付出和促进丰富讨论的平台 [1] 分组4：Reddit发展情况 - Reddit成立于2005年，以内容类型形成社区并让用户对新闻故事评级，成为Digg直接竞争对手 [2] - 截至第四季度末，Reddit日活用户近1.02亿，2020年因散户交易引发的表情包股票热潮受到广泛关注 [3] - Reddit于去年3月在纽约证券交易所上市，股价接近五倍增长，年初至今上涨约1%，周三上涨4% [3] 分组5：Ohanian其他动态 - Ohanian自2020年从Reddit董事会卸任后投身其他项目，目前正与亿万富翁Frank McCourt竞购TikTok [4]

Shares of Reddit (RDDT 0.41%) were among the losers on the stock market last month after better-than-expected results weren't enough to keep the company's blistering momentum going.The social media stock has been a huge winner on the market since its IPO a year ago, but investors now seem to believe its valuation has run up far enough, especially as concerns about the broader economy are swirling around growth stocks.According to data from S&P Global Market Intelligence, the stock finished February down 19% ...

TikTok, Reddit and Imgur are to be investigated by the UK's data protection watchdog over how they use teenage users' personal information. The Information Commissioner's Office (ICO) said it wants to look into how video-sharing app TikTok uses information from users aged 13 to 17 to deliver content recommendations to them. The investigations into online forum site Reddit and image-sharing site Imgur will focus on their use of age assurance measures, such as how they estimate and verify children's ages, and ...

Reddit's co-founder says Meta's decision to end third-party fact-checking on its platforms was a "pragmatic" one, characterizing the move as a reversal of an unviable program.In January, just days before Donald Trump was sworn in as U.S. president for the second time, Meta announced it would end third-party fact-checking on its platforms, a program often criticized by Trump and conservatives for what they say unfairly targeted right-wing content.In a series of sweeping policy changes at the media giant, CEO ...

Reddit Inc RDDT stock has been in free fall, shedding 26% since hitting a 52-week high of $230.41 on Feb. 10. The sell-off, sparked by a post-earnings user growth miss and CEO Steve Huffman‘s hefty $70.5 million share sale, has rattled investors.But is the market overreacting?Google’s Punch, Reddit’s ComebackThe fourth quarter earnings report was a mixed bag. While revenue soared 71% year over year and EPS beat estimates, daily active users dipped — a direct hit from Google’s search algorithm tweak.But CEO ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Reddit Inc. (RDDT) .Reddit Inc. currently has an average brokerage recommendation (ABR) of 1.95 ...