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Reddit Inc. stock is traded at $0.00, with a volume of 0.
It is up +0.00% in the last 24 hours and up +0.00% over the past month.
Reddit Inc. stands as a dynamic and expansive network comprising over 100,000 communities, each fostering engagement around diverse interests, hobbies, and passions. Within this digital realm, users can immerse themselves in discussions, content submission, and voting on topics that resonate with their deepest concerns and enthusiasms, ranging from pets to parenting. Established in 2005 by University of Virginia students Steve Huffman and Alexis Ohanian, Reddit positions itself as the 'front page of the internet', merging elements of social networking and online forums. In 2021, Reddit made headlines with a confidential filing for an initial public offering (IPO), estimating its valuation at a staggering $10 billion. This valuation was based on a fundraising round that secured an impressive $700 million in August of the same year, showcasing the platform's ability to attract significant investment. The prospect of Reddit going public heightened expectations, emphasizing its status as a major player in the social media landscape. However, the trajectory of Reddit's valuation took an unexpected turn in June of that year. Fidelity, a key participant in the 2021 funding round, reduced the estimated worth of its investment to $16.6 million, a notable 41.1% decline from its initial acquisition cost of $28.2 million for Reddit shares. Reports at the time suggested that Reddit was still contemplating a public offering at a valuation around $15 billion, adding a layer of uncertainty to the platform's financial narrative.
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Reddit Inc. Stock (RD) Company Profile
Name
Reddit Inc.
Sector
Industry
Phone
(424) 234-9948
Address
548 Market St, San Francisco
Reddit Inc. Stock (RD) Latest News
Stock Market Movers Today • Top Gainers & Losers - Benzinga
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company - MSN
Reddit Stock Soars To Record Highs On First Profitable Quarter As Public Company - MSN
Nasdaq Wrap: Reddit notches first ever profit; while an Aussie company leads Nasdaq’s winners - Stockhead
Is Reddit Inc. (RDDT) a Buy as Wall Street Analysts Look Optimistic? - MSN
Reddit stock soars, leads social media stocks higher after company posts first profit since IPO - MSN
Campbell Capital Management Inc. Purchases New Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
26,603 Shares in Reddit, Inc. (NYSE:RDDT) Bought by Biechele Royce Advisors - MarketBeat
Reddit, Inc. (NYSE:RDDT) Q3 2024 Earnings Call Transcript - MSN
Reddit Reports First Profitable Quarter as a Public Company - Techweez
Reddit Reports First-Ever Profit as a Public Company, Surpassing Revenue Expectations - mediahousepress
Bernstein Raises Reddit Inc (RDDT) Price Target, Citing AI Potential Amid Contrasting Valuation Concerns - Insider Monkey
Brokerages Set Reddit, Inc. (NYSE:RDDT) PT at $89.72 - MarketBeat
3 US Stocks Estimated To Be Up To 48.2% Below Intrinsic Value - Yahoo Finance
Reddit CEO Steve Huffman on how the company may challenge Google in its core business - MSN
Reddit Shares Skyrocket by 42% to $116 Amid AI Licensing Windfall - Yahoo Finance
Reddit Inc (RDDT) Surges with AI Data Licensing and Advertising Growth, Citi Ups Price Target Amid Strong Q3 Profit and Revenue Forecast - Insider Monkey
Reddit leads social media stocks higher after company posts first profit since IPO - MSN
Reddit price target raised to $120 from $90 at Loop Capital - Yahoo Finance
DekaBank Deutsche Girozentrale Increases Holdings in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Reddit's explosive user growth and AI tools help it soar to its first-ever profit - MSN
Reddit Is Finally a Profitable Company - Newser
Decoding Reddit Inc (RDDT): A Strategic SWOT Insight - Yahoo Finance
Reddit’s explosive user growth and AI tools help it soar to its first profit as a public company - The Associated Press
Reddit Reports Q3 Earnings Beat, Raises Guidance - Yahoo Finance
Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner - Yahoo Finance UK
Reddit CEO: We are becoming mainstream social media - Yahoo Finance
Reddit soars to its first-ever profit with AI tools, explosive user growth - Washington Times
Reddit goes ‘mainstream,’ posts first profitable quarter - Yahoo Finance
Is Reddit's (RDDT) Stock at an Inflection Point After Strong Q3 Results? - Yahoo Finance
Reddit has sold most of its cryptocurrency portfolio - MarketWatch
Reddit's Stock Soars 38% Today, After Groundbreaking Earnings - Yahoo Finance
Reddit Stock Is Ripping Higher Wednesday: What's Happening? - Benzinga
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar - Inc.
Why Is Reddit (RDDT) Stock Rocketing Higher Today - Yahoo Finance
Reddit stock price soars after social media player reports profit milestone - CBS News
Why Reddit Stock Is Surging Today - Yahoo Finance
Reddit shares soar after company turns first-ever profit - The Guardian
Reddit: Astronomical Rally Potential As This Company Expands Beyond English (NYSE:RDDT) - Seeking Alpha
Reddit’s (NYSE:RDDT) Q3: Strong Sales, Stock Jumps 41.7% - Yahoo Finance
Reddit Signals Strong Holiday Quarter to Come; Shares Soar - Bloomberg
Reddit shares soar 40% as it turns its first profit - Financial Times
Reddit Stock Surges 22% As Company Turns Profitable - Baystreet.ca
Reddit stock price: 3 reasons why RDDT is soaring to all-time highs - Fast Company
Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand - Marketscreener.com
Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Reddit to Advance, Advanced Micro Devices to Decline - Marketscreener.com
Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook - Yahoo Finance
CNBC Daily Open: Everyone gave Reddit an upvote - CNBC
Reddit: Buying The Underdog For Its Pace Of Growth (NYSE:RDDT) - Seeking Alpha
Reddit surges to new high after strong holiday-quarter forecast - Fortune
Reddit crushes expectations, shares explode after hours - Sherwood News
Reddit Inc. Stock (RD) Financials Data
There is no financial data for Reddit Inc. (RD). Check out other stocks for more information.
Revenue
Net Income
Cash Flow
EPS
4.13%
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