Reddit stock pops 18% after showing strong advertising and user growth

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 $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Reddit's stock popped more than 18% Friday after the company surpassed third-quarter estimates and signaled strong advertising growth.The social media platform's revenues surged 68% from a year ago to$ 585 million, beating an LSEG estimate of $546 million. Earnings per share totaled 80 cents ...