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Reddit Stock Plunges 26% From Highs, Yet Call Options Have Surged 575%: Is A Rebound Brewing?
RDDTReddit(RDDT) Benzinga·2025-02-26 02:00

Reddit Inc RDDT stock has been in free fall, shedding 26% since hitting a 52-week high of 230.41onFeb.10.Theselloff,sparkedbyapostearningsusergrowthmissandCEOSteveHuffmanshefty230.41 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 ...