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FY25 earnings soared with 61% YoY growth and GAAP profitability. Read why RDDT stock's post-earnings dip is a prime buying ...
Since its initial public offering (IPO) in March 2024 ... From a fundamental perspective, Reddit’s current valuation – 8 times sales – is comparable to its competitors, Meta and Pinterest ...
Reddit (NYSE: RDDT) went public just over a year ago, and its stock soared 562% from its IPO price of $34 to a record closing high of $225.23 this February. The social media company dazzled ...
In this article, we are going to take a look at where Reddit ... the global IPO market remained steady year-over-year in terms of volume but grew 20% in terms of value. The first quarter of ...
What concerned the market was the stock's valuation after the big run-up in price (a near 600% gain since its IPO), AI’s long-term durability, and Reddit's ability to keep users engaged.