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RDDT Reddit

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57.362
+6.672+13.16%

Trading Aug 8 13:12 ET

9.51BMarket Cap-16549P/E (TTM)

Reddit Stock Forum

Space Dust

1 hour ago

$Reddit (RDDT.US)$ $60 before weekend looks doable

CHFANTA

17 hours ago

$Reddit (RDDT.US)$ let's go 40 this week

10baggerbamm : the earnings were fantastic they found one matrix about eyeball views in the US with one of their categories and that's why they took it down which is absolute bullshit because you can find fault with any company's quarter if you dig deep enough.

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CHFANTA OP 10baggerbamm : The current market cap is way bigger than what it's worth. wouldn't be surprised if the price drop below 20.

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10baggerbamm CHFANTA OP : so then you should short it because what you're missing is this company had no advertisers for years they were losing money I mean this is like a liberal dream piss money away but now you're public and you have a fiduciary responsibility to drive profits and increase profits to your shareholders. so is advertising is monetized and they figure out other ways to generate money and Microsoft paying Reddit is another one they ultimately will cross over and become profitable.. but maybe I don't know what I'm talking about so you know what here's my challenge to you take your money and go out two years and buy puts that'll give you plenty of time for you to be vindicated and be proven right or buy one year whatever time frame you want I don't care I don't want to tell you what to do take all your money and buy puts and post your trade.. I'll just sit here with my popcorn and wait for that to happen

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JustAdam 10baggerbamm : if anything, the market cap seems undervalued lol. reddit finally switched up and start to monetize properly, and it's one of the biggest go to websites for information.

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10baggerbamm JustAdam : bingo

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Moomoo Recap US

20 hours ago

Columns Rebound Day Turned Red and Earnings Helped Declines | Wall Street Today

Wednesday began with another rebound trading session, but after noon indexes began to pullback. For the day, the once positive market finished down, and each index continued lowering into correction territory.
Just past the 4 pm close, the $S&P 500 Index (.SPX.US)$ fell , the $Dow Jones Industrial Average (.DJI.US)$ fell 0.60%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 1.05%.
MACRO
The CBOE's Volatility Index (VI...

Herd on Wall Street: mooving news stories and updates!

Kevin Travers

Aug 7 10:49

Columns Market Climbs, But Disney Warns of Consumer Fatigue | Moovin' Stonks

Good day, traders. Happy Wednesday, Aug 7th. The market is rebounding thanks to a lighter earnings week, and lower volatility overall. My name is Kevin Travers; here are stories herd on Wall Street: these are today's moovin' stonks.
$Novo-Nordisk A/S (NVO.US)$, the Wegovy and Ozempic seller saw its stock fell 7% after the firm said on Wednesday its profit rose 3% to 20 billion Danish kroner ($2.93 billion), or 4.49 kroner a share...

Global market unsettled after sell-off: Take action or stay patient?

JustAdam

Aug 7 09:41

$Reddit (RDDT.US)$ if im not mistaken, this month will be the month where shareholder's restricted stocks will be open up. so be wary of price falling down.

73628190

Aug 7 08:45

Ah yes, blowout quarter and yet it plummets 8%… god I love the market (world’s most popular casino)

$Reddit (RDDT.US)$

CHFANTA

Aug 7 08:27

$Reddit (RDDT.US)$ Opens flat...kill all the options

ecommerceshares

Aug 7 07:57

Reddit's Q2 Earning Report:

$Reddit (RDDT.US)$
👉 Business Highlights:
➡️ Daily Active Uniques (DAUq) increased 51% YoY to 91.2 million.
➡️ Weekly Active Uniques (WAUq) surged 57% YoY to 342.3 million.
➡️ Ad revenue rose 41% YoY to $253.1 million.
➡️ Other revenue increased 691% YoY to $28.1 million.
➡️ Gross margin improved to 89.5%, up 530 basis points from prior year.
👉 Financial Metrics:
➡️ Revenue: $281.2 million, up 54% YoY.
➡️ Net Loss: $10.1 million, compared to $41.1 million last y...

10baggerbamm

Aug 7 03:45

$Reddit (RDDT.US)$ the quarter for Reddit was a blowout the only reason that I can see for trading down because initially it popped up $5. one of their categories for eyeball views was down that's it in the US overseas it was good.. and to me it's asking because you could break any company's financial report down and find something that is not above the level of whisper numbers you could find some category that doesn't have the highest level of growth as another category. and this also is an indi...

Candida

Aug 7 03:28

Reddit reports better-than-expected results for second quarter as digital ad market improves

-Reddit reported earnings for the second time as a public company.
-Revenue topped analysts’ estimates, and the company’s loss was narrower than analysts expected.
-The company is getting a boost from data-licensing revenue on top of its advertising business.
Reddit reported second-quarter results on Tuesday that topped analysts’ estimates.
Here’s how the company did compared to LSEG estimates:
Loss per s...

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